The strategy provided in advance yesterday for the white盘 was to short Bitcoin/Ethereum on rebounds, with entry points around 104500 and 2630 already given. The intraday shorts have been steadily moving downwards, with the lowest points reaching around 101500 and 2510, yielding profits of 3000 points and over 120 points respectively. Congratulations to those who followed the short position strategy; please pay attention to reasonable management of the range.

Returning to the current market situation, the daily level KDJ is currently under pressure from a high crossover, the MACD's DIF has shown a downward turn, and trading volume continues to shrink. At the 12-hour level, both KDJ and MACD are showing a downward change in rhythm. The price in terms of BOLL is also approaching the middle track, which is currently the key support below. In the main chart, the upward momentum of MA5 and MA10 moving averages has decreased. From the current situation, the short-term bearish trend has not yet stopped, and the large-scale market adjustment has not ended. For evening operations, it is recommended to continue shorting on rebounds at high points; specific points of reference can be:

BTC: Short around 103000-103500, target 101000

ETH: Short around 2580-2600, target 2500

$BTC

$ETH