In the afternoon market, the rebound of the big cake has been volatile all the way. With the increase in the volatility base, the strength and space of the rebound are not small. Therefore, when we enter the market to short Dan, we also flexibly change the defensive position and move the defense up in real time. We can still regard this wave of bullish rebound as a correction in the short trend, but the correction is slightly stronger. Several key pressure positions above are still relatively strong. So there is no problem with the short Dan we hold, just wait patiently for the market to go out.
From the 4-hour level, the downward movement of the currency price with multiple lower shadows is the emergence of adjustments. Adjustments do not mean a reversal. After the correction is completed, there is still hope to explore the previous low. The emergence of adjustments only allows us to abandon the unilateral bearish layout rhythm in the short term and start to participate in the roundabout high-selling and low-buying around the range. Before the news of halving comes. We prefer to focus on high-altitude.
Friends who have not entered the market, the big cake can be directly shorted near 63,300, and the target is 62,000-61,500. Ethereum 3100-3090 can be directly shorted, and the target is 3000-2950.
