The expected upward trend at the beginning of the week was supposed to happen, but instead there was an instant spike and rebound, catching those who recklessly shorted off guard.

Currently, Bitcoin has rebounded nearly 3,000 points from the intraday low, just hitting the resistance around 68,000, while we had already taken partial profits near 67,500/20.5 million...

At the moment, during the European session, it hasn't broken below 67,000. On the contrary, after a second rally, it’s consolidating. If the US session doesn’t see a pullback, consider taking small profits and exiting short positions.

There is strong resistance at 68,000, which is also the key point for a potential reversal this week. $BTC