In the morning, Bitcoin first surged to around 101800, then began to pull back to the low around 100300. The first wave of shorts we set up in the morning directly captured over 900 points, while Ethereum simultaneously gained 38 points. Since we are targeting short-term shorts, after completing our morning trades, we will wait for the afternoon to see if the price rises again to around 101800. Although we didn't catch the long position, the short position set up in the afternoon at 101500 is still profitable, and the price is currently around 100600.

At the four-hour level, we are currently in a rebound cycle. In conjunction with the smaller cycles, there is currently a certain amount of upward movement followed by a pullback and consolidation, and it seems that we need some time to buffer the selling pressure above. It is important to note that given the current market sentiment, it is highly likely that this pullback and consolidation period won’t be very long, which is something we have clearly felt over the past two months. As for operations, we will continue to adopt the method we have recently favored, which is to short before going long. For intraday short positions, we will target around 101500, with a lower limit near 99500, and the extreme position cannot fall below 98000 in the short term.

Bitcoin strategy: Short near 101500, target 99500

Ethereum strategy: Short near 3950, target 3850#加密市场反弹 #BTC重返10万 $BTC $ETH