In line with expectations, as the current price suggests a short position, both Bitcoin and Ethereum have fallen significantly. Bitcoin has pulled back by 1500 points, while Ethereum has retraced by 40 points; those who followed along should have benefited. Currently, at the point indicated by Lao Song, which is around 100500, there is a stop in the decline. There is only 1 hour left until the U.S. stock market opens. If the data performs well after the market opens, we will choose the opportunity to enter long positions according to the morning strategy. Pay attention to Lao Song's strategy of overweighting during the prosperous year.

The first liquidation concentration area below is 100500-101300, and the second concentration area is 99500-10300. There are two consecutive concentration peaks below, with a break in between, and the stampede effect will be lower.

The upper concentration area is 102600-103473, and the upper morning closing line is near 102762, which is a relatively strong resistance position.

The trend with a high probability this afternoon and evening will sweep away the first concentration peak below and rebound near the second concentration peak, and then hit the upper concentration peak. The prudent approach is to follow the morning strategy to take more at a low position, and aggressive friends can take more after shorting! $BTC

$ETH