If a ship doesn't know which port to sail to, then any direction of wind will not be a favorable wind. If trades cannot be executed as planned, then any market trend will be fleeting. Trading is always capricious, and the market is always contrary to one's wishes. Always wanting to be in control, but actually being in the midst of it all! In the broader environment, one must learn to adapt, and in the ordinary, one must understand how to face challenges. There is no easy and permanent leisure, nor are there easily obtained blessings. Slowly, it is realized that living is usually hard. To gain more, one must not fear hardship and devote oneself wholeheartedly!

President Biden of the United States attended a rally of striking auto workers in Michigan on Tuesday, demonstrating unprecedented support for the union as he and former President Trump prepare to compete for working-class voters.

During his visit to a General Motors factory in the Detroit suburbs, Biden expressed his support for the striking workers' significant wage increase demands. Biden encouraged the workers to protest against General Motors, Ford, and Stellantis NV. He said, "Guys, keep it up. You have the right to a significant pay raise and other benefits."

When asked if he approved the union's 40% wage increase demand, Biden gave an affirmative answer. The union has since reduced the wage increase demand to 36%. A major victory for the UAW could spell trouble for Detroit's automakers.

Bitcoin had minimal volatility yesterday, with a high of 26400 and a low of 26100, fluctuating within a range of about 200 points. The daily candle closed as a doji, and the trend remains under pressure. Although short-term volatility has slowed down, the outlook remains predominantly bearish. The current price at 26000 is a key support level, and whether the bears can break through this level with strong selling volume is crucial.

Today's market is relatively simple, with a high-short strategy. If the support is not broken, consider flexible short positions. Currently, there is resistance around 26300-400. Boldly enter short positions within this range, and pay attention to the key psychological support level at 26000. If it breaks below this level, a small waterfall decline is likely to follow. As for long positions, participate flexibly based on intraday trends.

There is no need for excessive analysis of Ethereum's trend. Boldly enter short positions in the range of 1595-1600, and exit in batches around 1580-75. Repeatedly participate in operations and pay attention to the strength of the downside breakthrough.

9.27 Mainstream Coin Trading Strategies:

Bitcoin: Suggested short position at 26300-400, with a downside target focusing on the key psychological support level at 26000; Long positions should be flexibly arranged.

Ethereum: Suggested bold short position at 1595-1600, with an exit target around 1580-75; Repeated participation, and attention to the strength of the downside breakthrough.

By Analyst Duan Chenbei

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