Last night's knife was truly ruthless, a night of snow avalanches, a chain of settlements, and the market was completely cleaned up. Don't even mention the retail investors; even the institutions didn't react in time, experiencing system crashes, margin calls, and slippage all at once, as if the power was directly cut off.

This wave of decline far exceeded expectations; it was originally estimated to drop by ten thousand points, but it ended up crashing by twenty thousand. However, it's important to pay attention to the market after such a sharp decline, as the logic changes. Now, all those chasing short positions are in a risk zone; the bearish sentiment is too saturated, and the market could rebound at any time.

My thoughts are very simple:

Over the weekend, I will first look for a recovery and not chase short positions; during the rebound, I will pay attention to the resistance range of 115500～117000; the support is around 111000～110000, and only if it breaks that, will I consider a second downward probe layout.

This wave's peak has basically been confirmed, and the rebound is just a breather; the real short-selling opportunity is still in the next cycle. #加密市场回调 #美国加征关税 #现货黄金创历史新高 #广场热度值助燃心仪代币 #BTC