Go, Air Force! Now let's see if Bitcoin can effectively break below 108,000 and Ethereum below 2,500. If it breaks below, then the rebound will end, and the probability of continuing to push higher to explode the bears will be low. Short positions around Bitcoin 110,000 and Ethereum 2,600. Remember to reduce positions around 108,500-108,000 and 2,520-2,500. If it goes down, then add positions to chase the shorts. If it rebounds, then protect the capital and go for more resistance levels to short well!

Although I stopped out of my short position on Wednesday, I also stopped out of my short position yesterday, Thursday. However, on Monday and Tuesday last week, my short positions were profitable, with shorts at Bitcoin 108,500, 108,000, and 107,500, with the lowest pullback at 105,000. I shorted Ethereum at 2,460 and 2,520, with the lowest pullback also at around 2,370. So, the previous short positions were fine, and it was too easy to short; I was careless and lost the advantage, which was taken by a big player.

It's okay to acknowledge mistakes; there's nothing wrong with that. I know my own capabilities. Still, the same saying goes: you can choose not to short, but absolutely do not chase the rise near 110,000 or 2,600. Although this may be easily criticized by the bulls, saying I only know how to short mindlessly, I am just sharing my perspective. There will never be only one voice in the market! The previous update provided resistance and support levels, leaning towards bearish. So, participate in shorts at resistance levels and go long at support levels. If it breaks some key levels, try to chase it. Everyone is paying for their own understanding! #美国加征关税