Now in this market situation, everyone should know that shorting is the main focus, but where to short has become the key. Shorting too early risks a rebound, while shorting too high fears a weak rebound... During the day, Bitcoin gave a short at 64000, hitting a low of around 62100, Ethereum gave a short at 1800, hitting a low of around 1728, and it's been another satisfying day for short positions! But looking at the likes, did everyone rush in to catch the bottom? Recently, Zhongliang has been emphasizing shorting high, willing to miss long positions for a rebound, can't anyone hold on? Good advice is hard to give to the damned ghost; just do what you can...

The hourly chart for Bitcoin shows three consecutive bearish candles; the price has now fallen back below the middle track of the Bollinger Bands. The KDJ is turning down, and the MACD shows insufficient bullish momentum, failing to sustain volume. On the 4-hour level, all three lines of the Bollinger Bands are opening downwards, the RSI is turning down, and although the bearish volume has been shrinking, there is still some volume present. Indicators have a need for rebound repair, but the price can't go up, indicating that the bears haven't dropped enough. Fluctuations and consolidations are merely consuming the need for indicator repair, where horizontal movements and fluctuations replace actual gains.

In terms of operations, the focus remains on shorting high. Pay attention to resistance around 64500 and 66000 above, and participate in shorting around there. For support, watch 63500, 62500, and 61500 below.

For Ethereum, pay attention to resistance around 1790 and 1840 above, and participate in shorting around there. Support to watch below includes 1750, 1700, and 1650.

Some believe only after they see; others see before they believe. The market creates you when you go with the trend and educates you when you go against it. Previously, I thought that despair was heart-wrenching, but later understood that a vacant gaze is the real dead heart! Never be pessimistic; close your eyes, take a nap, and it will be a new dawn again!

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