The Monday market has once again completed its cycle, and our bearish outlook has been confirmed once more. Starting from the morning, after a slight rebound, Bitcoin quickly declined again, dropping to a low of around 92700. Our bearish outlook was firmly established. Ethereum, on the other hand, has been steadily oscillating upward for correction. By the evening, after Bitcoin rebounded to around 95500, we immediately provided a high-level short selling strategy, encouraging everyone to engage passionately at that price point, and the market did not let us down, heading down as expected. We did not rush into shorting Bitcoin but instead reminded everyone to short after the evening rebound. Yesterday's closing saw Bitcoin shorts perfectly capture a space of 1400 points. The market isn't as hard to navigate as imagined; as long as one doesn’t enter blindly and finds the right timing, accumulating positions is relatively easy. How did everyone perform yesterday? Did you follow Old Li's strategy to engage in short selling?

Bitcoin and Ethereum first experienced a wave of bottom rebound, while Ethereum later showed a contrasting trend, reaching a high and then retreating. The daily chart shows alternating bullish and bearish patterns, currently forming a doji candlestick. The short-term space for Ethereum is not large, but it has formed a certain doji candlestick with a solid body. Structurally, it largely mirrors Bitcoin's movements. Overall, yesterday's market was consistent with the short selling strategy we provided earlier. It oscillated at high levels without breaking out strongly, bouncing from the lower range to the upper range, facing resistance at the upper high points and retreating back to the lower range. The oscillation reflects a wide-ranging market with larger fluctuations, deepening the space. As long as one grasps the right entry points, both long and short positions have excellent potential. Currently, the price is close to the upper range; in the early morning, we can first look for a rebound, then consider shorting.

Bitcoin can be shorted between 94000-94500, targeting around 92000. Ethereum can be shorted between 1780-1800, targeting around 1700. #比特币 $BTC