At midnight, Bitcoin experienced a slight rally, while Ethereum instead moved downward. During the decline, there were also rebounds, but overall, the rebound and space are still inferior compared to the decline, because Ethereum's relative price is continuing to fall. This is almost consistent with our previous approach. We also mentioned clearly in the last article that the relative price will eventually return to a downward trend. Currently, it appears to be following the script, so the profits gained from this are self-evident.

Bitcoin's lowest dropped to around 81,110, while Ethereum's lowest was around 2,634. Recently, Bitcoin fell nearly 9,000 points, and Ethereum dropped nearly 400 points. It can be said that the decline is significant, and this drop has already broken below the support level, with further decline expected. Until signs of stabilization appear, do not blindly bottom-fish. The current strategy is to follow the main trend, which is the only way to remain invincible. Although Bitcoin has shown a rebound, as previously mentioned, a rebound after a deep decline is normal. This is a common market correction. Once the correction ends, the relative price will continue to decline, so our bearish outlook remains unchanged.

This morning, Bitcoin was shorted directly between 84,300 and 94,700, with attention around 81,000. Ethereum was shorted between 2,715 and 2,760, with focus around 2,580. #贵金属行情下跌