Another day has come, good morning everyone!

Yesterday morning, I shorted at the current price and exited in the evening after a slight rebound correction in Bitcoin. I followed up with a second position around the 94500 level during the ten-period timeframe, and in the early morning, after giving over a thousand points of movement, I completely liquidated my positions. We are bearish on the 92800 level, and the price ultimately stopped at the 93400 level. The movement matched expectations, but the retracement strength was a bit weaker than anticipated. Fortunately, the direction was correct; it's just a matter of the size of the space, and the advantage lies in being prudent.
Currently, the daily performance is still weak. Although there has been a certain rebound correction in the short term, there has been no change in the pattern, and the previous decline has not been quickly recovered. The main issue is still the lack of strength in the rebound, failing to strongly recover above the previous support level, and there is still considerable room for further retracement below. There is still a possibility of a second dip in the short term. From the 4-hour structure, it is still in the rebound repair stage after a downward probe, and this hasn't changed much. However, in terms of correction space, a rebound of nearly 1600 points is basically about it. At this time, it is still not recommended to enter the market unless there is a strong surge that stabilizes above the previous conversion level; otherwise, the probability of a second downward probe remains high. Therefore, in short-term operations, continue to watch for a second downward probe after the correction.
On Tuesday morning, Bitcoin aggressors are currently shorting lightly at 95000. If the rebound does not break 96000, they will increase their short position. The target remains unchanged, still looking at the 92800 level! As for Ethereum, there hasn't been much movement, but the signs of stagnation are obvious. The 1830-1850 area can still be considered for entering short positions, with the lower target remaining unchanged, continuing to pay attention to the 1700-1730 area! #BTC #ETH