The morning market still follows a wide fluctuation rhythm. The early public indication of a short strategy perfectly validated our approach to shorting Bitcoin and Ethereum by utilizing the upper resistance levels. We established short positions in Bitcoin and Ethereum, entering Bitcoin at 111342, which is still in profit, and Ethereum at 4346, exiting at 4299, securing a 47-point gain on the Ethereum short position.

After the daily closing of Bitcoin, a pullback occurred, and the pullback strength is acceptable. This round of rebound faced resistance near the lower middle track and has retreated. The daily level is still operating within a downward channel. The bullish momentum at the hourly level has weakened, and no continuation of the upward movement has formed. In the afternoon, we can rely on the upper resistance level, first observing the pullback strength before determining subsequent operations.

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Bitcoin: Short positions established in the range of 111000-111500, target looking down near 108000.

Ethereum: Short positions established in the range of 4350-4380, target looking down near 4200. #上市公司囤币潮 $BTC