Don’t panic, the short position has been resolved, you’ve made a profit! Yesterday, I suggested everyone to short at high levels, Bitcoin at 108500-109500, and today again at 109700 for shorting. The hourly chart shows a double-top, and I also indicated an entry point. Don’t say there was no opportunity to enter the short position; Ethereum at 2555 and 2590 also had opportunities to enter! Once the short position is in profit, reduce the position size, and when it rebounds to a higher resistance level, you can add to the position again. The market is fluctuating repeatedly, and you can trade back and forth in the short term! #美国加征关税

Hourly chart level double tops, MACD bullish energy shrinking, KDJ turning down at high levels, three lines converging forming a death cross downward. Where can this wave of pullback go? Zhongliang's view remains unchanged, do not chase after the price near 110,000 for Bitcoin. You can choose not to short, but it is also not recommended to chase up. The support for Bitcoin's daily middle line is at 106,500. For bears to push lower, they must first break below 108,000. If you want to long at a lower price, it is also recommended to wait for a test of the 107,500 and 106,500 support levels. If they do not break and rebound, then go long, aiming for 109,000 and 110,000, which can also yield short-term profits.

Bitcoin is currently mainly under pressure from the upper trend line, with high shorts around 110,000 during the day and low longs at 107,500 and 106,500. Use stop-losses and trade lightly. #美国加征关税