1.26BTC/ETH Market Outlook:

In the past 24 hours, long positions were liquidated by $610 million, short positions by $67.99 million, and over 2,031,250 traders were wiped out. Retail traders always chase the rise and sell the dip, always with tears in their eyes... What needs to be reminded of, Zhong Liang has been warning all along; what needs to be shared, Zhong Liang is always tirelessly nagging. What more do you want me to do? What can I do? I could snatch your phone and force you to short, or set high orders for you? Last week, we repeatedly shorted around 90,000 and 3,000—wasn’t that profitable? Previously, there were swing shorts at 98,000 and 94,000—did you hold steady?

Bitcoin weekly candle closed with a large bearish candle, with all three Bollinger Bands opening downward. The lower band is moving lower and lower, indicating that 75,000 may not even stop the decline. The daily candles show two consecutive bearish days over the weekend—small bearish on Saturday, large bearish on Sunday—forming a stark contrast to the previous three bullish candles. The previous three bullish candles clearly lacked bullish momentum, from the upper and lower shadows of the medium bullish candle, to small shadows, to a doji star. It’s obvious the bulls are weak, just a trap for the longs, yet they keep fueling the bears? The 4-hour chart shows a rebound after the price found support. KDJ and RSI are oversold at the bottom and are now correcting upward. The middle Bollinger Band around 89,000 is acting as resistance. The market doesn’t only fall; a rebound is normal. Otherwise, how could you get in at the top? Today’s strategy is one word: short! Two words: short at high levels! Three words: rebound and short!!!

Resistance above focuses on 88,500, 89,500, and 90,500 levels. Consider shorting around these levels, with targets at 87,500, 86,500, and 85,500.

Ethereum is even weaker. Resistance above focuses on 2,900, 2,950, and 3,000 levels. Consider shorting around these levels, with targets at 2,870, 2,780, and 2,720. #黄金白银再创新高 $BTC