Only ambition can bring success, only diligence can bring success; only by being resolute can one avoid future difficulties. In the early morning of today, the exchange rate gradually stabilized after a wave of declines, and the intraday market remained stable, forming a volatile pattern. However, not long ago, the bulls exerted their strength again, and the exchange rate rose again. At 8:30 in the evening, stimulated by the news, the exchange rate rose again, and Ethereum once rushed to 3859, the intraday line. During this period, our Buju Cake entered the market at 68655 to be bearish, and left the market when it fell to 67892, pocketing 763 points of space. Ethereum entered the market at 3766 with a short position, and left the market when it fell to 3729, pocketing 37 points of space, and then reversed the position to enter the market at 3731, and left the market when it rose to 3795, and Duodan pocketed 64 points of space. 

The market trend yesterday showed a negative line, indicating that the market sentiment turned to a downward trend. Especially since the midnight period, the exchange rate has fallen all the way and closed at a low level. This has led to a certain degree of decline on the daily chart, especially after several highs, there have been signs of pressure. Even though there have been some small rebound corrections, the overall trend is still biased downward. In this case, it is necessary to pay attention to the closing of today's daily line and whether the monthly line will continue to fall. The 4-hour chart shows that there is a large rebound space, which has led to a wide range of tug-of-war shocks in the market. There may be a small rebound correction after a continuous decline today. The current hourly chart shows that the market is in a weak consolidation state. Although there is a small rebound, it has not yet recovered the late high, so it can still be regarded as weak. It is recommended to continue to short in operation.

Directly short at 69000-69300 for big cake, with a target near 68000; directly short at 3850-3880 for ether, with a target near 3750.

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