Early yesterday morning, BTC shook and traded around 65,500 and gradually slid down all the way. By the evening, the low touched around 63,800. Then it bounced and recovered. Now it is once again under pressure around 64,800 and has started to pull back. We have repeatedly and firmly positioned for shorts from high levels recently, and the pullback has steadily met expectations!

From the current chart, the daily line formed a big bullish candle that lifted the price and then hit the upper band to face pressure. It has now printed a three-black-candle pullback. Overall, the trend has shifted from strong to weak. The 4-hour K-line has continued to be pressured and move downward. The Bollinger Bands have opened downward, suppressing the market. Bearish momentum keeps accumulating. After KDJ made a high-level dead cross, it continued to move down to search for the bottom, and there is no clear stop-the-fall signal yet. The downside room still appears to have room to continue. In the 1-hour timeframe, the short-term rebound reached the upper Bollinger Band and fell back. Price has been running between the lower and mid Bollinger Bands. The moving averages have suppressed price throughout the move. MACD’s two lines continue moving down, KDJ is dulled in the low zone, and short-term weakness is hard to change—every rebound is a chance to short. The future plan stays the same: if the rebound approaches overhead resistance, continue with high-level short positions!

BTC: Short the rebound around 64,000-64,500, targeting 62,500-61,000 below.
If it breaks down, follow through to 60,000.

ETH: Short the rebound around 1,870-1,900, targeting 1,770-1,700#PreIPOs第二期OpenAI认购 $BTC ‌$ETH ‌