Yesterday both long and short positions made profits!

The major cryptocurrency had a firm rebound during the day, maintaining a bearish outlook. Before the U.S. stock market opened, we reiterated our strategy: look for support on the pullback to enter short positions, and go long when the support holds. The price levels provided were very clear, and anyone who followed could have made over a thousand points in profit.

Last night, we provided another strategy, advising to go long if the upper resistance wasn't broken. The resistance at 85800-1950 was not broken last night, and this morning, after a second test, it also failed to break the resistance, which actually gave us an opportunity to enter the market.

From the current trend, since the upper resistance was not broken during the second test, we can look for a pullback during the day. Those entering short positions should pay attention to the lower support for exiting. The short-term support for the major cryptocurrency is around 84000-83500, and for Ethereum, we are looking at 1850-1820!