Tuesday, reason it out—continue to go short.

Overnight, U.S. stock semiconductors were hit by heavy, concentrated selling. SK hynix even fell below its issue price. Tech stocks all crashed, and crypto won’t be much better. The big coin has been consolidating and building strength for half a month; the probability of breaking below the prior low is very high. Focus on the Federal Reserve’s interest rate decision scheduled to be released at 2:00 a.m. on Thursday.

The weekly chart saw a large bearish candle that fully wiped out all this month’s gains. It’s already clear that 67,000 is the peak of this round of the rebound. I’ve been saying all along: in a range-bound market, don’t chase breakouts or panic-sell—but this time, it has clearly broken down and turned bearish, so it’s fine to follow the trend. All medium-term and short-term shorts are arranged.

Bitcoin short in the 63,500–63,800 range, target 62,200. If it breaks down, watch 61,800. Enter with a light position and keep additional position size reserved to add on.

Ethereum short in the 1,880–1,900 range, target 1,850. If it breaks down, watch 1,820. Enter with a light position and keep additional position size reserved to add on.

Stay humble and stay calm, follow your true mindset, take it slow—everything is on the way. #Strategy首次回购STRC