Tuesday, after the waterfall, continue to short the rebound!

Yesterday, Bitcoin's white market rebounded to 101,500 but faced resistance and fell back. Following multiple tests of the 100,000 mark without stabilizing, the US market continued to decline. In the early morning, there was another waterfall sell-off, leading to a drop of over 6,000 points, with a minimum spike around 94,000. The midnight outlook is very clear: bearish continuation, but the intensity is much greater than expected. It was absorbed; to some extent, the big profit-taking is not a big issue.

Currently, there isn't much good to discuss in terms of patterns. After a significant daily decline, one bearish candle engulfed multiple bullish ones. Since the resistance at 101,500 was tested and fell back yesterday, the rebound strength has gradually weakened, with highs continually moving down. After the morning waterfall spike, the decline was not recovered. From the afternoon to the evening, relying on the resistance and support level around 98,000, I will continue to view it as a short! Watch for two levels below: 95,000 and 92,600. A slight rebound is still a short.

As for Ethereum, there hasn't been much change. Since it couldn't stabilize above the 4,000 mark yesterday, the outlook has been consistently bearish for a pullback. Today is no different; the engulfing wave still has a few days left. Continue to short alongside Bitcoin! Resistance is at 3,800, and watch for the level around 3,600 below, breaking below this will continue to test the morning low around 3,480! #加密市场回调 #市场回调抄底还是观望？