At midnight, I gave a short-selling suggestion for Bitcoin rebounding to 57,500. The market rebounded to 57,400 as expected and then fell back to 56,200. Congratulations to those who followed my thinking and made another 1,000-point profit.

For the current market trend, it is basically clear. I reminded you yesterday that there will definitely be a pullback in the evening, and the short-selling position and expected rebound strength given in the blog post released in the evening are also quite accurate. So I personally think that the current pullback is just the beginning, and there is still room below!

In the short-term market at the four-hour level, the price is under pressure to form a pullback to test the support below. After two days of operation over the weekend, the bulls failed to continue after the highs. Some only fell back after the highs, and the rebound after the fall back was obvious in the short term! In the intraday direction, we will focus on the pressure of the high point in the short term, and then look at the continuation of the downward exploration. If there is a large pullback at the end, then the rhythm of the downward trend will continue after the shock repair. In the short term, we will continue to maintain a high-altitude thinking.

Monday morning: Bitcoin rebounds to 56500-57000 area, short, look at 55500, break to 54800

Ether rebounds to 2980-3030 area, short, focus on 2850 below!