1104: Not much movement on Saturday, started to move on Sunday morning, mainly due to the approaching elections, coinciding with a high-level adjustment of the market, leading to a decline starting Sunday morning and further down in the evening. Lao Song followed the short position twice, the first time with less profit, the second time some friends made 800 points. The daily level shows a long lower shadow, KDJ continues to extend, MACD red bars continue to expand. Looking at the 4-hour chart, the bearish momentum has a wave of decay, with new price lows, MACD red bars diminishing, and KDJ gradually extending upwards, showing signs of bottom divergence. Yesterday's low hit around the platform support of 67,500, rebounding to around 69,300, and the high point of the rebound coincides with the resistance level of the hourly trend line. Technically, the overall market is showing a bearish trend while seeking a turning point. We can adopt a strategy of shorting first and then going long. Short at 68,900-69,300, target 28,200-67,800; Ether short at 2,460-2,480, target 2,430-2,420. If the decline shows weakness, we can reverse and go long! Currently at the election node, one: do not take heavy positions, two: do not have a rigid mindset, three: maintain good defense! Buckle up and go for it!