Bitcoin (BITCOIN) has shown continued weakness on both the 1-hour and 4-hour charts.
For example, on the 1-hour chart, the price has been consistently suppressed by the EMA21, with virtually no resistance.
In this situation, the spot trading strategy is to continue waiting, awaiting high-odds positions and high-odds signals.
High-odds positions can be planned in advance, but key signals must be confirmed upon their appearance; both are essential.