Even if the cold wind is biting at this moment, do not forget that there is light in your heart, which can ultimately illuminate the path ahead.

Good morning, the bearish outlook provided in the morning was accurately captured, perfectly aligning with market trends. The Bitcoin first oscillated and consolidated near the resistance level of 95000 in the morning, and the bears began to exert pressure, causing a drop to around 94000. We have also repeatedly suggested shorting in this range. This downward move allowed us to successfully capture nearly a thousand points on our trades. With such favorable market conditions, has everyone been trading according to my strategy?

From the daily chart, yesterday closed with a small bullish candle accompanied by long upper and lower shadows. Today quickly formed a bearish candle to retest, with a long upper shadow indicating that pressure is beginning to mount from above. The market is currently in a short-term correction phase, and the overall bearish trend is quite clear. From the four-hour chart, the market continues to maintain range-bound fluctuations, with Bitcoin moving between the middle and lower Bollinger Bands, currently entering a consolidation phase. The three Bollinger Bands are also showing convergence downward, which may attempt to break the pressure at the lower Bollinger Band. The price reached around 94500 but quickly retreated, indicating that the pressure from above is still quite strong, and the bullish rebound is relatively weak. Until a trend-breaking movement occurs, the overall trend will mainly be downward. For midday trading, we can first look for a rebound, then enter short.

Bitcoin can be shorted in the range of 94500-95000, targeting around 93000; Ethereum can be shorted in the range of 1800-1830, targeting around 1710. #比特币 $BTC