At midnight yesterday, after providing a bullish outlook, Bitcoin peaked at the 115640 level, and Ethereum reached a high of 4957. Bitcoin provided ample space of a thousand points, and Ethereum set another historical high, reaching 4957, breaking through our target level and giving over 200 points of space. The market is indeed easy to navigate, and our strategy has been a complete success. As long as we participate without deviation from Old Li's ideas, even taking Lilo to turn the tide is easily achievable.
After the price of cryptocurrencies started to plummet early yesterday, Bitcoin fell to around the 110,000 mark. Even a strong asset like Ethereum is experiencing a similar setback, with daily charts showing consecutive bearish trends. The price ratio is not recovering effectively, and the low points of smaller time frames and trends are being continuously refreshed, while the high points are consistently declining. It is clear that the bears have established a certain degree of pressure. We strategically shorted Bitcoin without deviation, capturing a space of 107 points. The trend in the afternoon remains strong; following the trend, the rebound gives us an opportunity to enter short positions, and the operation tests our timing on entry points.
In the afternoon, Bitcoin can be shorted in the range of 112000-112500, with a target near 110000; Ethereum can be shorted in the range of 4640-4670, with a target near 4550. #比特币巨鲸换仓以太坊 $ETH