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Quality does not need to be ostentatiously advertised; strength is self-evident through market proof.
Reputation is accumulated through every thoughtful layout. Last night’s market moved as expected, rising sharply then retracing, with a high point reaching around 74,250 and a low point around 73,340, nearly a thousand points of fluctuation, forming a range-bound pattern.
In the afternoon yesterday, we provided a short-selling strategy, and friends who followed along successfully captured this wave of market movement!
From the current market situation, the market repeatedly surged higher and closed with long upper shadows, clearly indicating strong resistance above.
Combined with the overall market being in a downward channel, although the daily chart shows short-term consolidation, this is only a pause before further movement.
Currently, the market remains in a bullish dominant pattern.
Returning to the eight-hour chart, the market is gradually approaching the mid-line, with room for downward movement below.
All three moving averages are turning downward simultaneously, clearly indicating a downtrend.
In the short term, the strategy remains unchanged: stay short at high levels, patiently wait for the market to rebound near 74,000 before re-entering short positions.
Follow the trend to trade, and profits will be safely secured!
BTC: Short around 74,000, target 73,000 below
ETH: Short around 2,030, target 1,980 below #成长值抽奖赢金条 $BTC $ETH