Yesterday on Monday, Bitcoin dropped from the high at 79,000. At midnight, it was taken long around 76,500, but the rebound had no strength. This afternoon, it’s being short again around 77,000—if it comes down to around 76,000, the short position is already up by 1,000 points. If you followed along, remember to reduce your position. Congratulations—you’re eating meat again!

For Ethereum yesterday, it was taken short from the high at 2,390. At midnight, it was taken long around 2,280, but the rebound had no strength. This afternoon, it’s mainly set up to short again—reminding you to short around 2,300. If you followed the short position, it should also come down to around 2,260—looks like you’re already starting to eat meat!

After reducing your short positions, continue to look lower toward the 75,000 and 74,000 area. For Ethereum, watch support at 2,200 and 2,150 as it moves down. Right now, there is no signal that the sell-off has ended; instead, the rebound is keeping up but still lacks strength. The bulls are gradually running out of steam—when sideways movement replaces an upward push. If the sideways range lasts for how long, and how high it can go—our range-trading, short-on-the-bands view remains unchanged! Last week, Bitcoin was set up for a range short at 76,000 and 78,000—going to 60,000. Are you holding it steady?#WCTC交易王PK $BTC ‌