On Tuesday, the Bitcoin market was turbulent again, and the currency value fell to a short-term low. After hitting the key support level of 60,200 in the early morning, it immediately started a rebound correction, demonstrating the short-term resilience of the market. Since the weekend, the market has experienced several shocks, and this second correction has exceeded my expectations. Our Duodanbuju was also swept to the end of the correction in this wave of corrections, and the big cake lost 800 yuan of space. Today, I have been adjusting my state and looking at all this from a new perspective. Don't be discouraged by failure. Let's go back to the starting point and find our original intention!

The current market structure is full of fatigue. In terms of operation strategy, it is undoubtedly a wise choice to follow the trend. From the overall trend observation, the daily trend of Bitcoin has undergone a fundamental change. The previous shock upward trend was broken by the continuous Yinxian, and the K-line entity was strong and powerful, which completely disintegrated the previous upward trend. In the face of such a weak market, just follow the trend and make profits easily. Further in-depth analysis of the 4-hour chart shows that the short-selling force shows strong continuity. The rebound correction accompanied by the continuous negative trend is particularly weak, and the rebound strength is weak, which hardly constitutes a reversal signal. Therefore, under this structure, every rebound is an ideal opportunity to short, and continue to short.

Operation suggestions:

Bitcoin 61500-61800 can be shorted on Wednesday morning, with the target around 60000. If it breaks, it can continue to fall.

Ethereum 2490-2530 can be shorted, with the target of 2400-2350.

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