Analyst Liangqiu: 5.6 Bitcoin/Ethereum short position successfully validated, continue to raise shorts in the evening

Bitcoin/Ethereum has repeatedly suggested raising short positions since last night and during today’s day session. In the evening, Bitcoin dropped to around 93300 and Ethereum around 1750. The overall space for Ethereum is still quite good. During the evening's drop, timely reminders were given to take profits, and friends at the root should be in a good position. Currently, the market has repeatedly surged and then retreated. Yesterday's article emphasized several times that Bitcoin broke below the daily MA7 and 10-day moving averages at the 95000 level. Subsequently, this position serves as resistance for the top-bottom conversion, which was verified in the following market movements. For now, refer to the support around 92000. If it continues to break down, there is further downside potential. Changes in trends require flexible responses; consecutive daily declines also indicate weakening. The current trend depends on whether the subsequent rebounds continue to lower the peaks.

In the early morning, Liangqiu suggests continuing to short Bitcoin around 94800 to 95300, targeting around 93000; for Ethereum, continue to short around 1780 to 1800, targeting around 1730.

Daily strategy analysis is limited, and the market is subject to change, so focus on real-time updates. #美联储FOMC会议