9.25BTC/ETH market outlook:

Nice, all the way down, sticking to the short positions, in the end, did not let everyone down! Starting from Monday, shorted Ethereum at 4220, 4200, and 4150, and now the price has dropped to around 4010, everyone must be making a killing! Bitcoin shorted at 113600, 113000, and 112500, and now it's down to around 111600, everyone must have profited too. Clear opinions every day, clear thinking, openly providing everyone with entry points.
Bitcoin rose sharply yesterday to clear the short positions. The daily candle formed a medium bullish line with equal upper and lower shadows, testing the mid-band resistance before pulling back. Support is focused on 111000 and 110000. The price must break below 110000 to consider adding short positions, with a light position targeting 107000.

The intraday outlook remains primarily for short positions. If there is a rebound that provides an opportunity, pay attention to the resistance levels at 112600 and 113500 above. Short positions should be arranged around these levels. For the downside targets, focus on 1115000, 1105000, and 109500. If the market rebounds weakly, declining step by step, then as mentioned above, an effective break below 110000 must occur before considering chasing short positions. Additionally, chasing orders should definitely be lighter than usual positions. An effective break means that the 4-hour closing line must close below a certain level.

Ethereum has dropped even more sharply, and is testing the 4000 mark again. Only if it effectively breaks below 4000 can we consider lightly shorting. Looking down, we have 3900 and 3800 here. Personally, I still hope the market will make a deep V-shaped recovery, rebounding to short from a higher point, which would feel more secure. After all, chasing orders carries significant risk.

If the market rebounds, pay attention to short positions at the resistance levels of 4120 and 4150, and for the targets below, focus on 4050, 4000, and 3900.

This week's market has really tested patience. On Monday, it opened with a drop, wiping out the bulls. On Tuesday, it moved sideways all day, giving no chance for those waiting to short. On Wednesday, there was a pullback, making the bears think a big drop was coming, so they rushed to short, only to be met with a deep V-shaped rebound that wiped them out. Today, Thursday, the market has started to pull back again, catching those who blindly chased the rise and mistook the rebound for a reversal. So, if someone aggressively shorts now, will there be another deep V? At any time, you must have risk control awareness! Don’t get carried away! #GateLayer正式上线