In line with expectations, as the current price suggests, short positions can be taken. So far, Bitcoin and Ethereum have both declined significantly, with Bitcoin retracting by 1500 points and Ethereum testing a 40-point retracement. Friends who followed along should have also profited. Currently, at the interruption point suggested by Lao Song, which is around 100500, a stop has formed. There is only one hour left until the US stock market opens. If the data performs well after the market opens, we will opportunistically enter long positions according to the morning strategy. Pay attention to Lao Song's strategic adjustments during the prosperous years.

The first clearing concentration area below is 100500-101300, the second concentration area is 99500-10300. Below are two consecutive dense peaks with interruptions in between, which will have a lower stampede effect.

The upper concentration area is 102600-103473, with the morning closing line around 102762. This place is a relatively strong resistance level.

This afternoon and evening, there is a high probability that the trend will sweep away the first dense peak below and stop falling near the second dense peak, and then attempt to break through the upper dense peak. A prudent approach is to buy low according to the morning strategy, while aggressive friends can short and then buy! $BTC

$ETH