Not waiting for the US stocks, did the market open early?

Trading sentiment is really important. Prices fluctuate daily. When it rises, some see 100,000; when it falls, they see 80,000. The target is not a problem, but it must be realistic. You need to have unlimited bullets to endure the frustration of holding short positions. The targets will be reached, but most retail investors jump in with the hope of a one-night turnaround, only to fall before the rainbow after the rain, and big dreams are just illusions!

Currently, Bitcoin short positions are still held. The target of 91,500 has been reached. First, consider reducing positions at this level. Next, observe the rebound strength. Resistance during the rebound is around 9280. No short positions are left here. If it cannot stabilize above this level, it indicates the rebound lacks strength and may continue downward. The second decline looks at support levels 9080-8920. Depending on the situation, wait at these two levels.

Ethereum has been very strong these past two days. It has now broken below 3200. Evening rebound resistance is around 3250. If it cannot stabilize above 3250, the downtrend will continue. Light short positions can be held with small losses here, and continue to watch for further pullbacks. Support levels are 3154-3110. Conservative traders can wait around 3100.