

Last time, the short position for BTC at 92500 was fully closed at 91 and 90, part of the Ethereum was closed, and the remaining is held for take profit at 3000 and 2800. The current trading idea is to slightly enter a short position at market price, and wait for a rebound when the US stock market opens tonight to enter a heavier short position at a higher point. Because it may not necessarily rebound, there could be a direct plunge, and if there's no position, one can only watch helplessly. I hope the rebound can reach around BTC 91500, and Ethereum can rebound to around 3200 to layout short positions. These two positions should not exceed half of the total holdings; do not use up all the funds. The major resistance levels are at 94000 and 3400, only at these two positions can all positions be fully utilized. Currently, the small resistance level for long positions is at 88000, but I do not recommend going long. Once it breaks through 88000, it might need to test the strong resistance level at 80000 again. The risk-reward ratio is too poor. Short positions can be held for a long time, but not long positions; the larger cycle is still a bearish trend. $BTC $ETH