At midnight, Bitcoin (大饼) made a strong needle spike to 100,000, which is really exaggerated. Isn't this just pure market manipulation? Our arranged long positions were unfortunately stopped out, but Bitcoin breaking through again at a low level also sent a signal. At that time, the tug-of-war between bulls and bears ended with the bears winning, and we directly turned to short positions. This short position was really comfortable, directly capturing Bitcoin at 3222 points and Ethereum at 170 points. Large fluctuations represent great opportunities, but whether one can seize them completely depends on personal capability.

The daily chart for Bitcoin closed with a large bearish candle and has reached near the middle track, while the upward diverging moving averages are currently running flat. With a drop of 6000 points, this volatility is indeed too exaggerated, stimulated by the news at midnight, leading to a strong needle spike. Currently, the hourly levels are all diverging downwards, and the current structure is still waiting for the market to stabilize before continuing to short in the trend.

Bitcoin short at 100,000, watch 98,000

Ethereum short at 3620, watch 3540