The volatility in the market has come to an end, and the bears are exerting strong pressure, with a rapid downward trend. The Zhuowei trading team’s bearish outlook has perfectly materialized, and partners who followed up with short positions have reaped substantial rewards. In actual trading, short positions were laid out in advance last night: Bitcoin entered at 91800, taking profits at 89000, earning 2800 points; Ethereum entered at 3046, earning 128 points. The importance of advance positioning is highlighted, and those who have followed can choose to take profits and exit.
The current market continues to decline and retrace, with strong bearish momentum. The support at the Bitcoin 90000 level has been broken, opening up downward space. The operational thought remains bearish, taking short positions on rebounds. The hourly chart shows that the candlestick has broken below the lower support, and the market continues to decline. Future short positions should focus on support and targets: Bitcoin focuses on the 88000 support, with a target of 87000; for Ethereum, pay attention to the 2850 support, with a target of 2850, seizing profits in line with the trend.
