Good afternoon, even on the weekend, things are still restless. The market was stable, but suddenly there was a sharp drop on Saturday night, breaking below Friday's low to test 87688, completing a round of liquidation for the bulls and conveniently tempting retail investors to short. Retail investors shorted or waited for a rebound to short high, and then it shot back up to around 91700, a 4000-point surge that trapped the bears tightly. On Friday in the live broadcast, I mentioned shorting at 90500 and shorting Ethereum at 3100, thinking the market would open up and that it would be the highest point to short, but unexpectedly, it was pulled back up. I have to say, it really feels like we need to invite the monk from the Tang Dynasty to tame this jumping monkey market…
The market surged from 94185, then retraced, and found support at 87976. Subsequently, the market entered a sideways consolidation mode over the weekend. On Saturday night, there was a sudden drop to 87688, followed by a deep V recovery. The high point of this rebound to watch is around 94000; if it doesn't break this level, the rebound is just a rebound, not a reversal. If it breaks this level, then the next high short position will be around 102000. This week has two possible scenarios for Bitcoin: the first scenario is that it is pressured at the 94000 level, retracing to test 88000, 85000, or even 80000, which is a slight inducement to go long and trap shorts. The second scenario is breaking the 94000 level, triggering a large number of short positions, then pushing up to 102000, broadly tempting retail investors to chase high and bullish, before coming back down to 90000 and 85000.
At midnight, I was given a high short strategy, and I am currently trapped. I am holding onto the shorts at 90500 and 92000 with patience, not considering adding to my position. If you don't have a short position and you are also bullish on the bears, then pay attention to the pressure around 92000 and 92500 during the day, and consider entering a short position here, with the stop loss set at last Friday's high of around 94500, targeting down to 88000. However, if there is profit in between, remember to reduce your position in batches.
For Ethereum, I was given a short strategy at 3080 and 3120 at midnight, and I am currently trapped, not considering adding to my position. During the day, the upper pressure to watch is around 3200 and 3250, and I will focus on entering short positions around here, targeting down to 3100, 3000, and 2900.
Two wolves came to the grassland. One wolf was very disappointed because he couldn't see the meat; this is vision. The other wolf was very excited because he knew that where there is grass, there will be sheep; this is perspective. Perspective can transcend the current situation and allow one to see life goals. Life is a process of continuous cultivation! The eyes can only see the present, but vision can see the future. The road of investment is long; perhaps I cannot give you too much warmth along the way, but there is a term called "doing my best." I have never believed that investment can make one rich overnight; that is unrealistic, and there is no guarantee of 100% profit. Sustainable investment is always accompanied by losses. Your perspective determines how far you can see, and your patience determines how far you can go.

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