It is now around 1:30 AM on June 12th. Our short-selling strategy issued last night has once again been profitable. Yesterday, the market experienced a battle between bulls and bears. Bitcoin rebounded to around 63,200, which was near our entry point suggested in last night’s strategy. We entered the market at 63,100 and exited at 62,300 early this morning. The short strategy was once again realized, capturing nearly 800 points of profit. Someone questioned our strategy yesterday, saying the direction was wrong. I just want to tell everyone that in trading markets, it’s impossible to have a one-sided trend every day. If buying could guarantee profit, it would be no different from picking up scraps. At this moment, I want to quote a line from a Jiang Wen movie to all traders: Let the bullets fly for a while!!!

From the current technical structure, Bitcoin has fallen from a high near 63,200 after facing resistance, showing a pattern of high-level oscillation with weakness. The market repeatedly pushes higher and then pulls back, with the highs gradually moving lower. The selling pressure from bears continues to be released. Although there are phase rebounds, key resistance zones have not been broken through. The overall downward trend has not shown clear reversal signals. I personally suggest continuing to look short at night; you can short directly at the current price of 63,400.

Trading suggestions: Bitcoin around 63,600-64,100 short, targeting 62,100; Ethereum around 1,690-1,710 short, targeting 1,630.