Short positions take the lead! Watch for a fluctuating trend afterwards, consider a short buy in the 103500 area for a small rebound, and then short it again!
六边形的奥特曼
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Bearish
Monday, the air force suffered a severe cleansing, watch the painting door behind!
Early in the morning, a surge was given again, smashing the majority of short positions, washing away 70% of the shorts, and the remaining positions are too small for institutions to pay attention to.
In contrast, the accumulated chips below are substantial, so when everyone blindly chases the rise, it is important to be clear about the market's nature. In the latter part, it is still advisable to short and focus on short-term trades, expecting a repeated oscillation to digest. Everyone should target a space of around 1800-2400 points, with resistance at 106700 and support at 113000 and 111500.
At this stage, look for a short-term long position by first dipping back to 103300, then short at 105800, and just capture a few oscillating spaces.
If the evening encounters excessive downward pressure, we will not go short-term but rather look for a wave short, expecting digestion over the next few days.
Ethereum also follows the pace of Bitcoin, and we can see that momentum is weakening. This is a signal of insufficient energy; we are still looking for a pullback, with resistance at 4060 and support at 3860! Focus on shorting during rebounds!
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