Although the overall surge structure hasn’t fully broken yet, a large amount of profit-taking is fleeing at the highs, and the bulls’ enthusiasm has completely cooled down.

The KDJ indicator turns downward, and the medium-term has entered a correction phase; it will be very difficult to break through the previous high of 65,590.

The earlier big rally has exhausted the bulls’ strength. At the highs, lots of people are taking profit and selling, so the market can’t rise further. Even if there is a brief minor rebound, it’s only a breather in the middle of the decline—if it rebounds upward, it’s a chance to short.

Yan Ze morning compass
BTC: Short in the 65,100-65,600 range, looking at around 63,800

ETH: Short in the 1,935-1,950 range, looking at around 1,890
#USDT充值理财双重奏 $BTC ‌$ETH