shorts keep falling, 8.3 big cake analysis and layout by Miss Yi

The unexpected plummet last night was made public across the entire network. The bottom of this downturn has not yet been reached. The recommended operation is to ReboundShort as the main strategy. Shorting is advised to perfectly align with the market trend. Congratulations to the successful fren!

Yesterday, shorts continuously broke below the support, and after a slight Rebound at midnight, they once again probed lower, indicating a downward oscillation trend. The coin price has fallen below the lower Bollinger Band of the daily chart, and the MACD at the high of the daily chart has formed a death cross and is moving downward, with indicators on the four-hour chart also showing shorts. Taking everything into account, the coin price is far from hitting bottom, so for intraday operations, Conan suggests ReboundShort! Follow the support at 60600 and 59500 below.

BTC8.3 operation idea: Short around Rebound63000, defend near 63700 (adjust reasonably according to your own Position), target 62000-61500-61000-60600.

Remember Buffett's three aphorisms: 'The first rule is to preserve capital; the second rule is to preserve capital; the third rule is to remember the first two rules.' Cryptocurrency Speculation is like eating fish, it's good enough to eat the middle part, don't always want to eat the head and tail of the fish, be careful not to get stuck. If you can't understand and find good entry and exit points, you can follow Conan!