The bear market is specifically for dealing with those who are unconvinced! The bulls' sweet dreams should wake up, the downward trend is likely far from over, let's analyze it in detail.

Currently, the trend of Bitcoin is clearly showing a downward continuation pattern, and there is likely to be a greater drop ahead. Previously, when Bitcoin fell to 80,000, it took two to three weeks to climb back up, which seemed like it was going to improve, but in reality, this is just an illusion of a downward continuation. It has now broken below the trend line, and the situation is quite dangerous.

However, after a short-term decline, there will definitely be a rebound. Bitcoin around 86,000 and ETH around 2,900 both have certain support. This morning, I instructed everyone to make a small rebound operation, and now the market is testing the bottom again. ETH has a chance to rebound close to the 3,000 level, but is likely to continue to decline afterward. If you want to be safe, you can take profit at 2,970.

Additionally, the market will be very volatile tonight. At 9:30 PM, unemployment rates and employment data will be announced. Previously, due to certain situations, there was a standstill, and this time the uncertainty of the data is very high. The market is waiting to act after the data is released. Once the data comes out tonight, we will analyze based on the situation; everyone remember to follow my updates.

In a bear market, no asset can escape the fate of decline. Take BCH for example, it was once a tough nut to crack, but we successfully shorted it, and now it has dropped to a new low of 510. It is expected to have certain support when approaching the 500 mark, and next time it reaches this level, partial profit taking can be considered.

No matter when you followed me to short, you should have made quite a profit by now. I am now hoping for a price rebound to give us a better shorting point; that would make the operation more enjoyable. Maintain the operational rhythm every day and strive to earn a bit more #巨鲸动向 #ETH .