Bitcoin provided short opportunities at 102500 and 103800 during the day, but I didn't expect such a strong rebound, it directly formed a deep V shape. Yesterday, Huangmao and Laoma had an argument and the market went down, but today they reportedly shook hands and made peace. This deep V move is quite good, successfully trapping my short position! Currently, there's resistance at 104800 and 105300. For those who shorted earlier, they can add to their position here. For those without a short position, they can enter a short here! The targets below are 103000, 102000, and 100500.

6.6BTC/ETH Market View:

The 'Yellow Hair' has fallen out with Ma, publicly tearing each other apart, and the cryptocurrency market has also been caught in the crossfire, responding with a drop. Fortunately, this week we mainly maintained a bearish outlook, and just before going to bed at midnight, the Bitcoin short position perfectly took profit, allowing everyone to enter short at 105500 and exit at 102500, making a profit of 3000 points. Although in the morning it dipped to around 100300, the drop was indeed somewhat unexpected; this is what Zhongliang emphasizes every day - to allow everything to happen because anything is possible. In the crypto world, a day is like ten years in the human world!

Bitcoin dipped to 100300 and stopped falling, rebounding. The current price is around 102000; after such a significant drop, a rebound is quite normal, and indicators also need to recover. So if you missed the opportunity to go long at the low, it’s not advisable to chase long positions directly now. The upper resistance is at 102500 and 103800; one can try to set up bearish positions here. After this surge to 112000, it has retraced, and there are currently no clear signals of a bottoming out, so there’s no need to rush into bottom-fishing. Everyone knows that 112000 is definitely not the peak for this year; there will be opportunities for everyone to get on board. The targets for short positions look down to 101500, 100500, and 99500.

Ethereum saw a large bearish candle drop yesterday. For the intraday short positions, pay attention to the resistance at 2460 and 2500; short positions can be set up around these levels, targeting 2410, 2360, and 2300.

When you can't calm down, take a look at this liquidation information to cool yourself off! In the past 24 hours, over 227000 people have been liquidated, with the liquidation amount reaching 980 million USD, mainly affecting long positions, with 890 million USD in long positions liquidated! #特朗普马斯克分歧