The signs of a downward trend have just begun. For the short term, those who can clear their positions should do so. Currently, focus on the three support lines. If they break, look for target points below. The four-hour level is still quite promising; it depends on whether the European session can provide a strong move. Those with no positions can wait and observe; do not chase after missing out. There may be opportunities in a rebound…$ETH $BTC

US stocks have started to move across the board at the close. We have been emphasizing not to chase high positions in the live broadcast. The rebound at 95300 short position is reminded to cut in again, and pay attention to the bottom support if 94000 breaks. The theory that horizontal trading must fall is once again validated.

Bitcoin at 95200 short, retracing to the 94200 level, 1.2k space.

Ethereum at 1820 short, retracing to 1790, 30 points.

BNB at 610 short, currently the lowest retracing near 60.

For conservatism, short-term can be controlled by yourself. Currently, it appears that there is still retracement space for the bears below, and can reduce positions or raise stop-loss to look down.

The signs of oscillating downward basically indicate the bears are gathering strength. Without a doubt, keep up and it’s yours to eat. Reject all hindsight trading. The trading road is long, and positions are opened only based on the market view.