Saturday has come to an end. The market also experienced a first decline followed by a rebound, which aligns with our strategic layout. Early in the morning, we shorted Bitcoin at 65,900, gaining 1,300 points. The short at 64,045 also hit 640 points. The evening short at 64,040 was stopped out with a 550-point loss, but it quickly rebounded by 800 points, resulting in a small profit of 300 points. Overall, Bitcoin's intraday layout gained a total of 2,200 points, and Ethereum gained 100 points. Although the price spread was affected by news factors, it is still following the script we provided. The overall result is within our control. At the same time, I believe many friends in the market are troubled by long positions, but that's okay. There are many opportunities ahead. Just wait for the rebound to come back, and there's no need to be upset over temporary gains or losses.
The price spread trend has been continuously declining under the influence of various news, impacted by safe-haven assets (gold). The rebound has been relatively weak and unable to recover the decline. On a larger scale, the spread has not broken below support and has remained within a range, which suggests a correction with a potential rebound. However, in a downtrend, the rebound won't provide much space and will ultimately return to the downward trend. Although there is a short-term upward trend in the spread, it has not effectively reversed upward. Do not blindly buy the dip just because of a temporary rebound, as that will only put you in a passive position. It’s better to follow the current rhythm. However, entering short positions blindly is not advisable either; wait until the rebound ends before entering. Our bearish outlook will not stop here, and the decline in the spread will continue. Just wait for the market to accelerate downward.
Late at night, we shorted Bitcoin between 64,850 and 65,150, with a close watch around 62,600. For Ethereum, we shorted between 1,900 and 1,930, with a close watch around 1,785. #美国以色列突袭伊朗BTC短线跳水