Bitcoin is showing strong resistance as it attempts to break the 94k region and Nasdaq at 25,830 levels. The efforts to test these levels have been ongoing for a long time, but success in holding above them has been elusive. There is an interesting correlation: both markets appear to be under selling pressure in similar zones.

In this dynamic, position management becomes critical. Previously, long positions were closed, and even short-term short positions were attempted, but stop levels were triggered. The market is currently in an uncertain phase with no clear direction.

There is no convincing technical setup yet to open a new short-term short position. Price movements need to identify significant support levels and a break below these levels would be necessary. Until volume and momentum indicators provide clearer signals, a break of this resistance or a retracement movement may be expected.