The short-term market is now full of dangers, and the market is repeatedly washed out. Just like when I came to Nanjing yesterday, the weather was cloudy, cool and pleasant, and today I was out and encountered a typhoon. As long as you don't watch the market after 24:00, you can't stay overnight, and you need to keep a light position and low leverage. In fact, the pressure and support are still the points of the previous two weeks. The main force that entered the market last Friday night collectively smashed the market in the early morning today, killing only the high-leverage heavy positions, but there are still long opportunities in the ultra-short-term, and this long order should be taken and sold at the same time.

The general trend is still short, and there has been no reversal since August 26. There are low-long opportunities in the short term. This market is most suitable for the mid-line to rebound and take short positions, and step back to hedge with 1/3 of the short position.

Last month, a boundary was drawn for the initial reversal of the short trend: BTC broke through 61600, ETH broke through 2606, and SOL broke through 147, which will be effective for a long time. Under this, it is recommended to hold a part of the short position all the time, the purpose is to delay the forced liquidation and prevent the sudden penetration of the position in the second half of the night. However, it is not recommended to open short positions below BTC 57000, ETH 2250, and SOL 128, because short positions below these levels are prone to rebound in the short term, and chasing short positions is prone to being trapped. Therefore, short positions should be sold above these levels, and a portion should be held for medium and long-term trading.

Personally, I think there is basically no pure unilateral rising market from October to December. If you only do one direction in the short term, you can't play the dealer. Don't chase the rise and fall. The floating loss and floating profit of either party may be short-lived. The Fed meeting the day after tomorrow is basically a needle in the sky and the earth. In the short term, you should reduce your position and leverage in advance. There may be a correction after the interest rate cut is implemented. I am bullish on the National Day Golden Week. In the second half of this month, it is possible to run the second half of September and get a second low point.

In the short term:

BTC short: 59350, 59650-60350, 60600-61725 (strong pressure zone); low long 58085-57775, 57085, long orders above 58300 are not in the pattern;

ETH short: 2336, 2366-2392; low long 2252-2228, 2160, 2082, long orders above 2316 are not in the pattern;

Sol short: 133.50-134.25, 137.50-139.50; low long 130.25-128.65, 124.25-122.85, long orders above 132.50 are not in the pattern.

Go out more during the holidays, don't let the short-term fluctuations affect your mood, and don't move too much at present, and wait for the general direction after September 18.