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Long positions have retreated? Short positions are being laid out?
Why are you not speaking? When faced with difficult questions, you fall silent.
The market is never short of opportunities; what is scarce is the precise judgment and bold execution to seize them. This afternoon, when the price broke below 91,700, we promptly cut losses. After the decline, we accurately caught the rebound opportunity. Bitcoin entered at 92,556 and exited at 91,698, gaining over 800 points in total. Ethereum entered at 3,248 and exited at 3,201, with a long position netting 47 points.
From the current market situation, the four-hour chart is in a deep correction phase, testing the support level below. After confirming the support, the upward trend will continue. Currently, on the one-hour chart, after touching the lower Bollinger Band, there are signs of a rebound, indicating that the upward momentum is starting to volume. Therefore, tonight we recommend focusing on an upward trend.
On Wednesday morning, short-term, Bitcoin is focused on buying between 91,500-91,000, with a target of 93,500. Ethereum is focused on buying between 3,200-3,170, with a target above 3,300.