Thursday: 8000 Points Retreat, How Should You Respond

The direction is wrong, and all efforts are wasted. Waking up from a deep sleep, the market collapses. The 8000-point retreat truly leaves me at a loss for how to respond. This is the washout effect under the trend. Without proper defense, no one can escape.

The midnight market directly repaired the pressure and jumped again. The 105000 level fell sharply below 100000. Currently, it shows an oversold rebound, but the bears show signs of continued weakness, and the trend is clearly weakening.

From a technical structure perspective, on the four-hour level, the price is under pressure at the mid-track retreat, with bear volume being released while bulls are unable to recover. The moving averages are hindered and have a consistent downward turn, indicating a significant extension. In the short term, the decline is rapid, but there has been no significant rebound. Bears still maintain a weak continuation, and the rhythm has changed; we can adjust accordingly.

Today's thought process is mainly to participate in high shorts:

In terms of operations, I personally suggest a short in the 101000-101500 area, watching 100200-99300#BTC再创新高 #加密市场盘整 #比特币冲向11万？ #市场全线看牛？ $BTC $ETH .