On Saturday and weekends, I rest, didn't look at the market charts, nor follow the news. When I opened my phone for a quick scroll, it was quite lively. Yellow hair was shot again, but I have to say, the old guy is quite durable. Is he a professional killer or is Yellow Hair just too lucky? Talks in the Middle East are going nowhere, yet negotiations continue, as if the market has gradually become immune to it all...

This morning, Bitcoin surged to around 79,500, testing this high again. Don't chase the rally at the high; beware of a quick pullback or a sharp drop from the high. Some levels can be longed, but clearly some are not suitable for chasing the rally. Everyone should understand this—either go short or wait and see. Last week’s view of shorting around 78,000 and 76,000 remains unchanged and is still valid.
For short-term trading, you can directly short around the current price of 79,000. As for profit targets, look at 78,000 and 77,000. Short-term shorts aiming for 1,000-2,000 points profit are enough.
Ethereum surged to 2,404 and then retraced. Currently, at around 2,390, short positions are also suitable for immediate entry. The short-term targets are around 2,330 and 2,280. #比特币突破7.9万美元 $BTC