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Not to beat around the bush—doesn’t this bearish lineup still look pretty solid, friends? Before the earlier push up from the 67,000 high had even begun, it was already clearly signposted that shorts in the 66–67 high-range could be positioned in advance. Now, is the value of the “Zhuowei” approach gradually becoming apparent? Today’s market action successfully broke below the first support around 65,000, and the operation is already on the right track—revolution is back on track! Today’s market also verified the shorting plan: starting from the high around 66,300 in the midnight phase, price faced pressure and pulled back all the way down. The low also reached around 64,700, giving nearly a 1,600-point straight-line retracement window. What’s especially worth watching is that after the afternoon breakdown below the 65,500 support, it provided a round of brief rebound and repair—so the timing for the second short entry was also there. Zhuowei also promptly reminded everyone to follow through, so wouldn’t any friends have missed the second chance?
Today’s live execution was also precisely controlled. During the midnight phase, the high short on the big cake captured 1,235 points of movement; Ethereum captured 48 points. Today, sndk captured two rounds of long positions, for a total of 128 points of movement. Currently, the short positions being followed up again around 65,700 in the afternoon are still being held.
This bearish candlestick setup is still quite interesting—this is exactly why the key support level has been emphasized all along. Once that level breaks, the market’s operating structure will become very clear. Right now, that’s exactly the case: the bearish trend is already very obvious, right friends? Looking at the four-hour timeframe, the market is showing a staircase-like decline. At the current stage, bearish candles are continuously applying pressure on the lower-band support, and the MACD double-dead-cross pattern is still expanding further, with the market’s continuation strength looking very ideal. On the hourly timeframe, the candlesticks keep sticking along the lower band as they move downward while releasing volume; the overall board also guides downward in sync. Market sentiment is very clear—the bearish trend has risen. Combining the market momentum from the midnight phase, after the short-term selloff continues downward, there will inevitably be a short-term rebound and repair. This is also the only opportunity for longs to get out (hedge) from above—so friends who have already laid out positions, seize the moment to adjust. The continuation of the retracement is already on the way.
Big cake short in the 65,000–65,500 range Target 64,000 Breakout watch: 62,500
Ethereum short in the 1,900–1,920 range Target 1,800
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