In the game of contracts in the cryptocurrency world, every fluctuation of the K-line is like the beat of fate. There are always those whose hearts race due to short-term volatility, eager to chase the highs and cut the lows. But true experts understand that contract trading is not a 100-meter sprint, but a marathon that requires patience. On Monday evening, after a slight rebound in the Bitcoin market, it began to decline sharply, with the price dropping from a high point of 102596 to a low point of 99547. Ethereum continues to move in sync with Bitcoin, reaching a high point of 2316 before pulling back, with the price dropping to a low point of 2190. In the afternoon and evening, Brother Sheng repeatedly provided bearish insights, and the market moved as expected. The Bitcoin and Ethereum short positions arranged in the afternoon were entered near 101924 and 2266, respectively, and were advised to take profits near 100028 and 2195. The Bitcoin short position gained 1900 points, while the Ethereum short position gained 71 points.

According to the current market analysis, the four-hour level shows that after a slight rebound, the bears have begun to gain strength, with prices gradually approaching the lower Bollinger Band. The overall trend remains in a downward channel, and the KDJ and RSI indicators are all pointing downward, indicating that overall market sentiment is still weak. From the one-hour level, after three consecutive downward candles broke the lower Bollinger Band, there is some support below, and the price has warmed up slightly. However, the KDJ indicator has formed a dead cross and has not provided a clear signal for a trend change. The MACD indicator values have also entered the negative zone. Although the RSI indicator has shown some upward movement, it is not enough to change the overall downward trend. Therefore, in the midnight operation, we will consider high shorts after a rebound.

Short Bitcoin near 102500, targeting 99500

Short Ethereum near 2300, targeting 2180#BTC☀