Monday opens with a bang! Short positions pre-placed are once again successful!

Currently, for bears, the strong resistance level is at 97500. Once confirmed to hold above this level, a short-term correction may be declared over, but this does not mean that there won't be further probing. The probing market will continue to fluctuate and extend! Looking back at the market, the midnight developments once again left the bulls in despair, as the market briefly touched around 94000 before rebounding. Ethereum hit the 3220 line, and fortunately, I openly alerted this small correction. Our short positions laid out at midnight have gained 1500/70 points, and the market is currently experiencing a small rebound, but the trend remains bearish. We should wait for the rebound to stagnate before continuing to follow up! #btc #eth

The daily structure shows consecutive declines, and this consecutive decline structure has completely changed the previous strong structure, giving back most of the gains. After the four-hour consecutive decline, there was a slight rebound, but the rebound is reflected in small bullish and fragmented bullish forms, lacking continuity, and is merely a simple upward probing. The rebound is also within a normal range. The rebound and subsequent declines are accumulating strength for the bears. It is expected that there will be a continuous decline in the future. Combining with the continuous downward movement of the upper resistance points, the short-term structure has completely opened up a downward channel. Therefore, the main idea for today's morning operations remains unchanged, relying on the previous high points as the short-term pressure position to follow up on short positions!

Bitcoin is hovering around 95500-96000, targeting 94000, while Ethereum is hovering around 3280-3300, targeting 3100

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