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Midnight price comparison has fallen back, which means returning to our previous bearish outlook. The reason we didn't update our thinking during the day is also due to too many trivial matters causing delays. However, we do update our ideas every day, even if not as promptly. This doesn't matter as long as we can follow the current rhythm in a timely manner, then the capital will flow in continuously.
From the current pattern, there is an expectation of further decline. However, I personally believe that the recent pullback is just a normal correction after the recent rise caused by positive news. It's not about switching between bullish and bearish views frequently. In the crypto world, we need to be flexible and responsive. When the trend changes, we must follow it rather than oppose it. Only by following the trend is the correct choice. Since there is an expectation of further decline, we should go short accordingly.
For a more aggressive approach at midnight, short directly from 92750 to 93100, and when it reaches 91000, break below to watch the 90,000 level. For Ethereum, short directly from 3250 to 3280, and when it hits 3160, break below to watch 3080. #Gate2025年度报告