The high on the day has once again profited from short positions, with Bitcoin at 67500 short and Ethereum at 1870 short. This does not need further emphasis; anyone who has followed Chongliang's ideas daily will know, betting on a rebound long position is hard to catch, just like trying to catch a flying knife with bare hands, which is likely to result in injury!

On the 4-hour level for Bitcoin, the Bollinger Bands are all opening downwards, with KDJ and RSI still turning down. The only thing to note is that the MACD bearish volume is continuously shrinking, so for shorting, choose a high short position. If you miss the high short, wait for the next opportunity, do not be too aggressive in chasing shorts!

On the hourly chart, the daily rebound is under pressure from the middle band, with the current price pressing down toward the lower band as it opens lower. Both KDJ and RSI are turning down, and the MACD bullish volume continues to shrink; the rebound strength is insufficient, and there are no signs of a stop to the decline, so even at midnight, do not consider taking a rebound long position.

The upper resistance to watch are 67000 and 6900 here, participate in high shorts around here, while the lower support to watch are 66000, 65000, and the line of 64000.

For Ethereum, the upper resistance to watch are 1870 and the line of 1920, participate in high shorts around here, while the lower support to watch are 1820, 1770, and 1720 on the line.

The market is always more noise than signal; missing out on a market move is not a loss, profits after leaving the market no longer belong to you. Not all candlesticks need participation; not trading for a day is also not a waste of time. It's getting late, good night!

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