The early morning market has already completed its move. Our strategy of looking for a rebound to short again has been reaffirmed. After we exited the big bitcoin position last night, bitcoin once again provided a rebound, peaking at around 96825 and 1840, then the price once again tested lower, dropping to a minimum of 95718 and 1786. The bears once again gave us a space of 1000 points and over 60 points, before the price stabilized again, giving us a strong rebound, which has now risen to around 97368. The idea of trading bitcoin that I have been instilling in everyone is timely exit. As long as we can manage timely exits from this bearish trend, I believe we can absolutely hold our ground and not be affected by this rebound.

Bitcoin has formed a bottom rebound pattern, with three consecutive daily positive candles pulling up to test the previous highs again. However, the price is again rising to around 98000, showing signs of consolidation and correction. Whether it can continue to break upwards remains to be seen: Ethereum has formed a similar pattern, but with slightly less space, creating a doji candlestick. The doji candlestick near this level is quite prominent, also foreshadowing a evening star pattern, indicating a potential downtrend in the future. Considering recent trends, the pressure remains very high, and our strategy for high shorts remains unchanged. Currently, the price is near the upper limit of the range, so we should maintain a defense at 10000 above and choose to short at higher levels.

Bitcoin can be shorted in the range of 99000-99500, targeting around 97000; Ethereum can be shorted in the range of 1890-1920, targeting around 1800. #Strategy增持比特币 #美联储FOMC会议 #比特币