From the perspective of the current market situation, it has already begun to shift from being dominated by bulls to bears. If BTC 112,000 breaks below and does not recover, we will start to pay attention to around 100,000 in the long term. The internal group has already started to layout directions in the early morning. Currently, there are two possible scenarios that can be provided for your free reference. On the 29th, there will be a speech that will involve fundamental participation, so the past four days have been dominated by technical analysis. Unless there are special circumstances, I believe there is a high probability of fluctuations before the 29th. The strategy of shorting on rallies is relatively stable. This way, we can avoid the erosion of capital caused by blindly going long or short.

In the early morning, I reminded everyone not to chase longs. I saw a lot of people on social media chasing longs with captions claiming to witness history, but just a few hours later, it dropped nearly 300 points. Additionally, my view is also bearish. If they get caught in this wave, they may be trapped at the top #ETH创历史新高 #BTC #ETH .