The evening market experienced a direct crash, with a peak at 94300. It has currently reached the 92000 mark, with the lowest point at 91500. This drop has nearly 3000 points of space. We continue to hold our short positions from the afternoon and have quickly turned to short in the evening, successfully hitting our expected point at 92000. The current price is around 91900.
From the four-hour chart, we initially thought it would continue to rise, as long as it stabilizes, they would aim to push to 95000. Unexpectedly, at the 90000 mark, there was a direct downward shock that broke that support level, so our long positions are regrettable. In the evening, the bears are once again gaining strength, with a large bearish candle only missing a segment of the range. It is currently slowly moving down, and the opening of the Bollinger Bands is also pointing downwards. The midnight market is expected to drop near the 90000 mark.
Bitcoin strategy: Short near 92500, target 90500.
Ethereum strategy: Short near 3360, target 3250.