# In this circle, never be the stubborn one, or the market will teach you a lesson. Wake up in the morning and analyze the current market conditions in a timely manner. The support below has been continuously lost, and the market has already reversed. Timely give a bearish outlook; the trend has indeed shifted from bullish to bearish. Actively follow the trend without hesitation; short Bitcoin around 105929, and exit when it drops to 103781. The short position on Bitcoin achieved a gain of 2148 points, and the strategy directly led to significant profits, achieving a record of 85,000 oil, which can be considered riding the wave. It’s hard not to take off at this point. In the future, I will analyze the market in a timely manner and continue to expect the continuation of the bearish trend. Bitcoin has currently dropped to a low of 102614, and the rhythm of the market is controlled so meticulously. How is everyone doing? Is anyone following Old Li’s strategy to trade oil?
Bitcoin's daily chart continues to decline, currently on a three-day downward trend; Ethereum is also showing the same pattern, once again moving from the upper range to the lower range. From yesterday to this morning, the price comparison has plummeted like a flood, with a drop of about 6000 points for Bitcoin and around 300 points for Ethereum. The volatility has increased, and recently the market has shown a dual wash of bulls and bears, presenting a tug-of-war style. Currently, Bitcoin and Ethereum are approaching their previous lows again. However, based on years of experience with actual market fluctuations, in a market with high volatility, the price comparison will not truly touch the lower point, but will rebound after reaching a certain distance. It appears that the lower space is insufficient, and the market will welcome a slight rebound. Our future outlook will shift from bearish to bullish, and we will look to buy again after a pullback.
In the afternoon, Bitcoin can be bought at 103500-103000, targeting around 106000; Ethereum can be bought at 2480-2450, targeting around 2580. #加密市场回调 $BTC
