On Tuesday morning, we implemented our short strategy yesterday, resulting in a huge victory, capturing a decline of nearly 4,000 points. Some leveraged traders might come up and say that there is now a rebound, but the issue is that our short positions have already been cashed in. It's hard to explain and understand; I sincerely hope you all can profit.

Yesterday's overall rhythm saw an initial rise followed by a decline, with a midnight V reversal cleaning out short positions. The well-trodden topic of back-and-forth harvesting is the ultimate goal of the market makers, so today there are no winners, only those who have taken profits can laugh last. Chasing rises and cutting losses is always a big taboo. Did you make a profit or get hurt?

Bitcoin overnight hit a bottom of 91,500, stopping the decline and rebounding for correction. This seemingly unilateral yet not unilateral rhythm can easily create the illusion of a bait. Therefore, everyone must understand the trend. During midnight, it reached a peak of 95,031, hitting resistance before beginning to pull back for adjustment. The price has now returned to the 92,700 area, and it is clear to see that the trend remains a fluctuating downward trend. After all, there is a whole line of moving averages between a rebound and a reversal, and the probability of crossing over in one go is not very high. Coupled with the relatively weak structure on the daily chart, the steps for testing resistance and rebounding are merely a cautious exploration. How can we talk about having significant room for movement?

Returning to the current overall technical formation, under the effect of the large bearish candle on the four-hour level, the overall trend is presenting excessive low-level fluctuations. The daily chart once again closed bearish, and the formation is relatively weak. Currently, it seems that the sentiment for continued excessive low-level fluctuations is quite strong. As the end of the month approaches, I am not optimistic about a desperate counterattack to close high! So today's strategy is very simple: continue with the short positions unchanged.

Morning BTC short-term operation: rebound in the 93,000-93,500 area, targeting 91,000-90,000.

The state is very strong, and consecutive wins continue. If you can't determine the direction of long or short, stick to the strategy and move forward together! Let's create brilliance again! #GMT热度飙升 #加密ETF申请热潮涌现 #MicroStrategy增持BTC