The wind blows in one direction, and the grass will bend in that direction. Many people think they are the wind, but occasionally realize that the moment of helplessness resembles grass. In investment, never let small troubles affect your smile when looking at the future. Even if I am the sunshine, there are places I cannot reach. The game is not a blind bet; it requires a combination of emotional intelligence and intelligence for a strike. The short-term trend on Thursday was quite chaotic with no clear direction. Recently, it hasn't been as precise in prediction as before, mainly due to the small fluctuations. The short-term market hasn't opened up much space; regardless of long or short positions, there are opportunities. However, the positions for going long during the day have been indicated very accurately; I suggested going long near 114000 in the morning, and it subsequently reached around 114700, securing 700 points. After that, it retraced too deeply and turned to short again, securing another 1000 points. In the evening, after a second retracement, I suggested going long again and achieved further gains.
Looking at the current market, from a technical structure perspective, we are currently in a small-scale fluctuation. In the short term, the bulls have not effectively continued their recovery, and the formation of a second retest is the best proof. The daily level has recorded its first negative close since a series of bullish days. If it does not break through the 115000 mark this evening, it will continue to retreat, possibly deepening the adjustment. In the short term, the rhythm is inclined towards a rebound followed by a continued retreat to solidify the bottom. Once the bottom confirms support, then it will rebound again. Therefore, our best strategy now is to be bearish without chasing shorts, and the current performance is relatively weak. In terms of operations, we will mainly follow the shorts after a weak rebound while paying attention to the entry points.
Operational suggestions:
On Friday morning, Bitcoin can be shorted around 113000-113500, with an initial target of 111000.
Ethereum can be shorted at 4260-4280, with an initial target of 4150. $ETH $BTC