Tuesday, yesterday's strategy accurately took profit at 78000, intra-day strategy update

Last night, the bears exerted strong pressure, causing the market to break and reach new lows, with the lowest point touching around 77400, leading to a slight rebound. The bearish view on 78000 was precisely hit for take profit, and the bearish outlook for Ethereum at 1900 also came to fruition. It is emphasized to go with the trend and focus on the bearish side; those who kept up with the ideas should have reaped considerable rewards.

Returning to the current market, from a technical structure perspective, the daily chart shows a continuous 5-day bearish close, with multiple long upper and lower shadows appearing at the daily level. There is strong selling pressure and buying interest at both high and low levels in the market. Currently, the market has fallen to the lower band area; although there has been a pullback and rebound, the upward momentum is not strong. If the market cannot break and stabilize above the 81000 resistance level later in the day, there is a possibility of further declines.

Tuesday's Suggestions

Bitcoin 79300-78800 short, target 75000-3000

Ethereum 2010-1990 short, target 1800-700

Every day, if you go out with a goal, you must come back with results. Think, act, and succeed. Wait and watch, and you may miss out. Focus on solutions, not problems. You lose by hesitating and win by taking action.

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