This is the charm of going with the flow; each rebound is for a better pullback. Starting from Monday, Bitcoin has embarked on a path of correction, and our strategy has consistently been to position for short trades at high points. Various current price shorts and rebound shorts have all been profitable because we have accurately grasped this wave of trends. Of course, we have also gradually increased our capital. Such regular market conditions need to be well seized to maximize their value.
Currently, Bitcoin's correction has slowed down, but it remains in a typical low-level adjustment structure. Although the downtrend has stopped, the bears are still continuously testing the support below. The four-hour downward channel is still ongoing, and the rebound in the early morning has not formed a trend reversal. Therefore, with the trend unchanged and the direction steady, we should continue to treat it as a rebound short. Remember to maintain good defense.
Bitcoin short at 114000, focus on 112000
Ethereum short at 4320, focus on 4250