Good evening, friends,

Looking at #Bitcoin, the classic 106,400 resistance level has held up well 3-4 times and is currently being tested again.

Since I already have a short position at 109,400, I’m not entering a new position at this level. If there’s a breakout, I’ll look again around 111.

For those without a short position or seeking a hedge, this level may be worth considering.

Apart from that, the market has been stagnant for the past 2-3 days.