Today's Strategy

Yesterday's market trend was indeed helpless, the huge V-shaped reversal has undoubtedly liquidated many people's positions, resulting in a severe loss.

After a big market move, it is a consistent pattern to enter a sideways consolidation. Currently, the major resistance level for Bitcoin is 102000, and we will continue to focus on short positions during the day. Those trading short-term can use this level as a defensive position to enter.

Suggested Levels

Short Bitcoin at the 101500 level, target down to 100000, and if it breaks, aim for 98000.

Short Ether at the 2830 level, target down to 2700.