I have been bearish until today, the market has gone down, and I don’t have any special feelings in my heart. First of all, I still don’t think this is the end point of long and short positions, and it is definitely not recommended to chase short positions. There is no problem in starting to place spot positions in batches here, but be careful with contracts.
Currently, BTC has directly penetrated the important support range of 20370-21500, and the long structure has been destroyed. After entering the 19200-21500 box, if the non-agricultural data is not good or other negative events occur and continue to push the market downward, a right shoulder pattern may appear, probably at the 18500 position. Before that, 19200 still had some support.
It is still my previous point of view. If non-agricultural stocks give a chance to rebound and repair, it will save the lives of many troops and leave the market in time to ensure safety.