The market in recent days can be said to be very conventional, especially after the one-sided downtrend of the bears. Each rebound is for a better correction. Since Monday, I have been laying out short positions, and this week can be said to have yielded abundant results. The same goes for the short position taken early this morning; those who have been following the strategy lately know that it has basically been a small gain. This morning, Bitcoin rebounded to around 11,2800 before starting to correct. Although it was only a few hundred points of space, it was still not bad.

Bitcoin's daily candlestick has closed with a large bearish candle that completely swallowed yesterday's gains, forming a bearish trend. The strategies in recent days have been focused on laying out short positions, and the four-hour descending channel continues. In a situation where holding short is comfortable, there is indeed no need to reverse and go long. It’s better to follow the trend of the bears and lay out accordingly. This morning, continue to look downward, just remember to keep your defenses in place. #BitcoinPlunge290KPeopleLiquidated##CryptoCircle#

Bitcoin short at 113200, watch for 111000

Ethereum short at 4260, watch for 4180