Due to the hawkish interest rate cuts and meeting remarks causing market panic, there has been a continuous plummet, and yesterday was a firm supporter of the bears!
Started laying out short positions from 102000, with an expected target of 98000. The strength of this pullback far exceeded expectations, and in the evening, I decisively suggested to short at the 100000 level looking towards the 98000 level!
The market's panic will not dissipate easily, and the liquidation of long positions continues. If you try to catch the bottom at this position, you are very likely to still be stuck in the mountains. The market sell-off has just begun, and there is plenty of room below, at the 93000 level!
Listen to Ming Ge: at the 97000 level, just short it. My short position is still held, with the first target at 93000! #加密市场回调