The mountain has its peak, and the lake has its shore. Please believe that everything will eventually have a sweet return. The market trend in the early morning did not deviate at all from the ideas we provided. The shorting position we suggested was perfectly reached, and the price dipped strongly in the early morning, with a minimum pullback to around 83786. The position for rebound we indicated was also perfectly given, and the short order gained over 2000 points. Currently, the price has recovered again, and we have also made expectations for this idea. There is definitely some rebound space above, as the market won't keep pulling back indefinitely. Therefore, in the subsequent arrangements, we will focus on low longs, and in the short term, there is also over 2000 points of space for longs. Perfectly achieving gains from both long and short positions, the overall trend after the intraday pump and pullback has again fallen into a consolidation pattern. In subsequent operations, by grasping the upper and lower ranges, we can still primarily focus on low longs and secondarily on high shorts for the follow-up arrangements. The consolidation market is also the best opportunity to accumulate positions; when a one-sided trend comes, most people may not be able to withstand it. Therefore, the recent market conditions can also be well managed.



From the current market situation, the trend has once again entered a phase of consolidation and correction. The short-term rebound is limited, and the price movement is weak, while there is significant pressure above. The multiple upward rebounds are still under pressure and have not achieved a significant breakthrough. Currently, the market is under pressure at a high level, indicating that there are still bearish expectations in the short term. On a daily basis, we first consider the failed continuation of the rebound, and secondly, we are currently in a narrow range of fluctuations after the price has stopped rising. Therefore, if the current pressure zone cannot be effectively broken, we anticipate a drop from the high positions, while at the low support level, we can look for rebounds. We should maintain a range-bound approach to the market, and if there is a breakout, we will make adjustments. The current strategy is still to follow the bearish trend and look for a drop.

Bitcoin: 86600-87000 short order Target focus 83500
Ethereum: 2820-2850 short Target focus on 2700
BTC0.58%
ETH1%
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