Today's strategy has been fully realized, with Bitcoin achieving over 900 points of space, and Ethereum reaching over 100 points of space!
In the afternoon, the market did not continue the bearish trend, but the rebound remained within the expected range, and the short to medium-term trend has not undergone significant changes. Considering yesterday's time cycle characteristics—morning dips, afternoon fluctuations and repairs, and evening accelerated dips—the current 4-hour chart for Bitcoin shows a step-like weakness, and we need to wait for further volume. Compared to yesterday's slow decline, today leans more towards continuing the downward trend, with the afternoon rebound before the US market opening being viewed as a shorting opportunity.
Evening operation suggestions: For Bitcoin, pay attention to shorting opportunities around 114000, with a target towards 112500, and a medium-term target around 110000;
For Ethereum, pay attention to shorting in the 4210-4240 range, targeting around 4080.
It is expected that the market will experience accelerated downward volume on Wednesday evening, and may enter a consolidation adjustment phase from Thursday to Friday. #加密市场回调