Southward! Capture! The two rounds of waterfalls are flowing down, permeating today's overall market. The market's bearish sentiment continues to strengthen, and the southern expedition begins. Today, the big pie fell back from the midnight high point of 116000, touching a low near 11800. Ethereum fell from 4170 to around 3925. The overall strategy is divided into three steps: first, a significant drop at midnight, then after the fluctuations during the day, it gains strength again to move south. Zhuowei's thoughts today are also precisely grasped, with the midnight big pie short positions continuing to harvest the first round in the morning. In the afternoon, the big pie and Ethereum short positions were also steadily harvested in the evening, during which the big pie re-entered profitably after exiting, overall gaining 2543 points on the big pie and 80 points on Ethereum. Opportunities are constantly emerging, and entry timing is continually provided to us. During the fluctuating period, Zhuowei also timely reminded friends to hold patiently. Can we not hold onto the positions with this? With such a blatantly generous market, can we not grasp it?
Currently, the overall market is continuously moving south, and the short-term bearish sentiment is very strong. From the four-hour level, the overall market shows a wave-like downward trend, constantly moving south, retreating from the upper band of the Bollinger Bands to currently hover near the lower band. Although there were brief upward probes in between, the overall bullish momentum is clearly insufficient, and excessively long upper shadows continue to appear, presenting resistance. There is clearly insufficient upward space in the short term. Currently, the K-line is constantly testing the bottom pressure, and there will be a certain amount of rebound for repair in the short term. From the hourly level, the bearish trend has strongly risen, and the market continues to move downward. The mid-lower track shows a strong downward shape. In terms of operations, the idea of a fallback remains unchanged, and after the short-term rebound ends, the fallback continuation will also present. The midnight interest rate cut news has a large fluctuation, so defense should be well-prepared.
Big pie short in the range of 112000-112500 Target 109000
Ethereum short in the range of 4030-4070 Target 3800
