$BTC
Bitcoin and Ethereum continue to decline, having broken below a recent low. Bitcoin has dropped around 2500 points, while Ethereum has dropped around 150 points. From the current pattern, there are no signs of a bottoming out; the rebound is just a normal consolidation. After the consolidation ends, there will be further declines. Friends should already know that we have been maintaining a bearish outlook recently. Therefore, this evening's pullback should not be missed. The short position on Bitcoin at 89600 has gained around 1800 points, and the short position on Ethereum at 3150 has gained around 110 points. As long as you can follow the rhythm, taking profits will be as easy as drinking water, not as difficult as imagined.
The market, as mentioned earlier, still sees a continuation of the pullback. Friends waiting to buy the dip should consider this; one must not enter blindly and should wait for signs of a bottom before making plans. Currently, we still need to follow the trend. Our bearish stance continues; short Bitcoin directly from 87850 to 88200, with a focus on around 86000. For Ethereum, short directly from 3040 to 3075, with a focus on around 2930.
