The first day after the holiday was great. Although it was expected that the market would fall after two days of volatility over the weekend, it was unexpected that the decline was so fierce. Since midnight, the decline has never stopped, although it is sometimes fast and sometimes slow, but the result is always satisfactory. At present, the lowest point of Bitcoin has reached 60,500, and the overall decline has been 3,700 points. Ethereum has also fallen by about 280 points. Friends who have been following my daily strategy should know that I have been operating around the idea of short selling for more than a week. Seizing this waterfall, Bitcoin and Ethereum each received two short orders, and also won 2,975 + 202 space, which is a good start. So no matter what happens, it will eventually be verified after the tempering of time; at the beginning, language often seems pale, but in the end, some words will become bubbles, and some words will become truths. It depends on the initial choice of individuals.
Regarding the current market, the market has recovered slightly after the waterfall in the evening, but it is just a drop in the bucket. From the daily level, we can see that the decline is so smooth, and the continuity of the short-selling momentum must not be underestimated; although it is now close to the 60,000 mark, I personally think that it is only a matter of time before the downward breakout occurs, and it is very likely to happen in a blink of an eye. Many people have copied the bottom from 64,000 to now, so where is the bottom now? Before there is no obvious sign of a turn in the market, I will still operate around the short side.
Pie: 60800-61300 short, look at 60,000
Ether: 3285-3315 short, look at 3230
