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Market conditions never lie. The bearish outlook provided in advance tonight has now been perfectly and accurately realized.
Looking back at today's entire rhythm, Bitcoin surged in the daytime to test the strong resistance at 81,270. Bulls attempted multiple attacks but were unable to break through, with upward momentum completely exhausted. During the day, we strategically entered long positions, with each Bitcoin long trade capturing 695 points and 830 points in profit, while Ethereum also gained 78 points. The bulls' profits were safely secured during the day.
Once the price stalls at high levels or the trend reverses, we will never stubbornly hold onto the position!
Tonight, the open strategy shifts to a bearish view, clearly indicating a short around 80,200 for Bitcoin with a target of 78,500, and a short around 2,300 for Ethereum with a target of 2,200.
In less than two hours, the market volume surged with a cliff-like decline!
Currently, Bitcoin is at 78,859, with a low of 78,713, already approaching the ultimate short target of 78,500. The maximum intraday drop exceeds 1,100 points. Ethereum is falling violently in sync, now at 2,243, heading straight for the 2,200 target. The profits from the shorts are running wildly all the way, and following the trend means winning effortlessly.