There have been too many things happening recently, so I haven't updated my thoughts much. Starting today, I will resume regular updates, providing a daily layout of my market outlook for reference, so friends can use it as a guide for future entries.
From the daily chart, the price has been continuously declining and falling back, which is consistent with our previous analysis before the interruption. Friends familiar with my approach should know that recently I have maintained a bearish outlook. Although there have been rebounds and corrections during the decline, they do not alter the overall downward trend. Based on the current pattern, there is still an expectation of further decline. While the current support levels are somewhat strong, they ultimately cannot stop the downward momentum. Therefore, when planning future positions, it’s best to continue to adopt a bearish stance.
Tonight, I shorted Bitcoin between 88,250 and 88,700, with a focus on 86,800. For Ethereum, I shorted between 3,000 and 3,040, with attention on 2,860.
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There have been too many things happening recently, so I haven't updated my thoughts much. Starting today, I will resume regular updates, providing a daily layout of my market outlook for reference, so friends can use it as a guide for future entries.
From the daily chart, the price has been continuously declining and falling back, which is consistent with our previous analysis before the interruption. Friends familiar with my approach should know that recently I have maintained a bearish outlook. Although there have been rebounds and corrections during the decline, they do not alter the overall downward trend. Based on the current pattern, there is still an expectation of further decline. While the current support levels are somewhat strong, they ultimately cannot stop the downward momentum. Therefore, when planning future positions, it’s best to continue to adopt a bearish stance.
Tonight, I shorted Bitcoin between 88,250 and 88,700, with a focus on 86,800. For Ethereum, I shorted between 3,000 and 3,040, with attention on 2,860.