Morning (UTC+7 Indochina Time) UPDATE

• Yesterday, the price passed $4,318 but failed to rebound past $4,403, causing the price to decline as expected. However, while the price made a Lower Low, a Bullish Divergence signal formed in the 4-hour chart, warning of a potential bounce back today. Nevertheless, if the rebound cannot cross $4,368, selling pressure remains a risk.


• Buy back yesterday's short positions if the price stays above $4,257–$4,234, while moving the Trailing Stop to $4,315 to lock in profits.


• Reopen short positions if the price fails to break through $4,315–$4,368 (Stop loss on short positions if it passes above $4,368).