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The overall market continues to weaken, and there has been no significant rebound so far. Although the overall trend is bearish, and a larger-scale pullback is expected, it is not suitable to chase short positions at this stage, as the risk-to-reward ratio is too low.
Additionally, with the Federal Reserve interest rate decision approaching tomorrow morning, market volatility will increase further. In terms of trading, do not rush to enter the market; patiently wait for a rebound to a high level before strategically shorting.
Key reference levels:
Bitcoin 78.7k, Ethereum 2,370, this is the position to gradually short in batches, offering the highest safety. $BTC $ETH