Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views, hoping that every friend who follows can have a good profit!

First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance. Give yourself hope, try not to worry innocently about tomorrow, sigh for yesterday, only for a better today. The short-selling strategy for Bitcoin/Ethereum laid out late last night has been validated once again. As of now, Ethereum has rebounded overall, while Bitcoin's rebound is weaker, reaching a high of around 61800 before falling back again, indicating a clear weakening trend. Although Ethereum has rebounded somewhat, the trend is still not very strong. Previous articles have repeatedly emphasized that the 62000 to 62500 range and 3050 are important turning points for long and short positions. Currently, after breaking below, there has not been a quick rally, which means that this position has become a new level of resistance, and it can gradually enter short positions below the pressure level in the future.

The daily and four-hour Bollinger Bands are still gradually opening downward, without a signal to stop the decline. The 7-day and 10-day MA lines of Ethereum have started to turn downward, coincidentally also around the 3030 to 3050 range, which also fits the previously mentioned long and short boundary. The same is true for Bitcoin. After breaking below, the rally is relatively small. From the perspective of the market trend, it is a typical continuation pattern in the midst of a decline. The weak rebound is just a market repair and consolidation. As long as there is no effective breakthrough of the pressure level, the short side still has further room to move.

For intraday operations, short positions can be entered near 61700 to 62000 for Bitcoin, with a target near 60500 to 60800; short positions can be entered near 3000 to 3020 for Ethereum, with a target near 2900 to 2940. The current market is relatively good, and it is necessary to do well in short-term trading. The article has timeliness, and friends who are not good at controlling the rhythm of short-term trading can seek more advice. More specific strategies are mainly based on real-time guidance, and you can follow the official account, Liangqiu.

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