The price fluctuations have been quite significant in the past two days. First, there was a drop, followed by a halt in the decline and a rebound that pushed prices higher. The price positions haven't changed much, but many frens have seen their positions shrink, and some have even been liquidated. In fact, these situations could have been avoided. Here, early this morning, I provided a bearish outlook again, and entered the market to follow the upward trend, gaining around 1300 points. Ether also had a space of 5.60 points in sync. As mentioned in the previous article, the recent strategy has been very nice, with only one loss, while the rest have yielded considerable gains.

On the 4-hour chart of Bitcoin, the overall price is running within a wide range, with the upper high around 116000 and the lower low around 106000. This is also the basis for our recent bearish outlook. However, there is still an expectation for the price to continue to decline. At this time, we should follow the current rhythm and look for further declines. We will adjust our strategy based on the intraday patterns. On the hourly chart of Bitcoin, the price tends to fall again after each Rebound, although there is plenty of space for the Rebound, it will ultimately be pushed back down by the decline. Therefore, the strategy should remain predominantly bearish, and we should not be influenced by the current Rebound.
Short Bitcoin in the range of 110000 to 110500, first watch around 108000, short Ether in the range of 3845 to 3885, first watch 3730. #参与创作者认证计划月领$10,000