The S&P 500 opened 31.42 points lower, down 0.52%, at 6006.17 points;

Instead of a decline, it is a lack of upward momentum; intraday rebounds mainly focus on short positions after testing pressure!

Good afternoon, at midnight I shared the idea of taking short positions, but unfortunately, the market has been slightly oscillating, and there were no opportunities to enter, so the short positions have been canceled and adjusted slightly. After all, from the analysis given at midnight to now, more than ten hours have passed. The market has shown some slight oscillations, but the patterns have also changed, requiring real-time adjustments! Those holding Tuesday Bitcoin short positions at 99200 and 99700 can continue to hold unchanged. Yesterday, I reminded to reduce positions at 96500, then adjust to break-even stop loss, with targets set at 94500 and 92500 unchanged!

The daily K-line is under pressure from the middle track, closing with a large bearish candle. The KDJ shows signs of three lines converging, forming a golden cross. On the 4-hour level, the Bollinger Bands' middle track has a slightly upward-opening lower track, with KDJ trending upwards and forming a golden cross. On the hourly chart, the price is currently testing the upper track pressure, with a demand for rebounds, so intraday short positions cannot be too aggressive. The short-term pressure above to watch is at 97200 and 97700; here, one can participate lightly in short positions. If bulls want to go up to 100,000, this is the first area they need to break through, followed by testing pressures at 99500 and 100500.

Bitcoin rebounds at 97200 and 97700 for a small short position, with targets looking down at 95500, 94500, and 92500 here.

Ethereum has short-term pressure above at 3420 and 3455, with strong pressure at 3540; rebounding at 3420 and 3455 for a small short position, with targets looking down at 3350, 3275, and 3220 here.

Make sure to strictly set stop-loss for short positions. With such small pressure points in between, whether or not they can successfully hold the pressure to pull the market back is unknown; it can only be said that if you want to short, you can only attempt to short at the pressure points. It is not possible to long before testing the pressure points. If these small pressure points cannot hold back the bulls, then decisively cut losses and wait for stronger pressure points above to try shorting again. Short at pressure points, long at support points; the market is never complicated. Strictly set stop-losses, recognize mistakes promptly, and if there's a strong break, follow the trend. There has never been a trade that is guaranteed to make money; you must let go of that obsession. It's just that shorting at pressure points has a higher probability of the market declining, which is why it is done that way! #2025加密趋势预测 $BTC