Come and take a look at my post from yesterday, the profit-taking point at p1 is very accurate.
Now let's see what information the lower timeframes can provide us. Bitcoin is currently consolidating in a sideways pattern on the 15-minute chart, pay attention to 110300; if it breaks and stabilizes above, it can continue to rise.
Now I estimate that many people are excited to short, but there's no need to rush. Wait for a few 4-hour candlesticks to form before entering.
I believe that Bitcoin and Ethereum will try to break new highs; for short positions, I prefer to set ambushes at higher levels.
Bitcoin: short at 111800, stop loss at 113000.
Ethereum: 2784——2793, stop loss at 2820.
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