Smile at the turbulent trading journey, maintaining a peaceful heart brings self-comfort. The market has never promised anyone safety, nor is anyone isolated and helpless. The second target for the intraday short position at 94200 has reached 92500, yielding a profit of 1000 points. Ethereum's intraday entry point at 3420 for short has currently dipped to 3309, exceeding a profit of 100 points.
Meanwhile, the daily chart shows further weakness, with the accompanying indicators further declining. In terms of candlestick patterns, the price trends of Bitcoin and Ethereum are showing a downward oscillation trend, especially Bitcoin, which has clearly weakened first. The daily chart has continuously closed with bearish candles and has been under pressure at the middle track, indicating heavy selling pressure above. Currently, the bullish momentum is evidently insufficient, and the continuous downward trend on the daily chart has become a foregone conclusion. The step-like downward pattern is gradually becoming clear, hinting that the price will further seek the downside in the short term, and the test of the 90000 level seems to be just around the corner.
At midnight, Bitcoin can be shorted at 93000-92500, with targets focusing on 91000-90000.
Ethereum can be shorted at 3350-3380, with targets focusing on 3200-3150.