The trend of Bitcoin (大饼) is indeed a bit strange, fluctuating thousands of points at a time. Yesterday, after Bitcoin failed to rise, it directly faced pressure and fell back. The momentum is relatively strong, so we arranged a short position in line with the trend. As a result, Bitcoin started to rebound, but the strength was average. We also arranged to increase our positions and hold. After Bitcoin touched 108,300, it quickly retraced, indicating strong resistance above. Bitcoin will inevitably pull back to accumulate momentum. Later, we indeed waited for the pullback, and Bitcoin successfully gained 1,800 points, while Ethereum (以太) gained 104 points. This is the development trend; follow the trend.

Bitcoin's daily line closed with a slight increase, with a small real body and a straight line shape. It will fall back just as it rose. Bitcoin faced strong pressure above, leading to consecutive declines today. The hourly level is even more obvious, as Bitcoin fell all the way down, breaking through the lower track, and the trend began to diverge. In the morning, we could directly short in line with the trend.

Short Bitcoin at 105,500, focus on 104,000. Short Ethereum at 3,860, focus on 3,800.