On Tuesday afternoon, let's analyze the market trends of Bitcoin and Ethereum and provide relevant operational advice. In the morning, based on market trends, we suggested shorting at the current price of 95,000 points, and we have already seen a pullback of over 1,000 points. In actual trading, we have gained over 800 points. Recently, our layout has been very smooth, and the strategies provided have been quite accurate. Following the market trends, investors have achieved good returns. The reason for our continuous profits lies in our alignment with market trends and our accurate grasp of entry and exit points.

Currently, Bitcoin is still in a trend of oscillating downward. Although there was a rebound in the overnight market, it did not sustain, and the strength was not strong. After the rebound, the market is clearly under pressure, and there has been no continuous upward movement, let alone a breakthrough to new highs. This indicates that the upward momentum is weak. If the market were in a strong rhythm, it should be continuously pushing up, rather than rebounding and then immediately pulling back. Due to the inability of the rebound to sustain, a pullback is inevitable, which is also the reason we directly suggested shorting at the current price this morning.

Currently, the market still shows no obvious signs of a strong pullback.

Therefore, the Bitcoin trading strategy in the afternoon is simple and clear - continue shorting in the trend.

When the downside is under pressure, it can rebound for a long position in the range of both long and short.

If you have already followed up on the shorting position in the morning, you can take some profits based on your personal situation and continue to hold the remaining portion.

The target is around the 92800 point level.

For Ethereum, our approach remains unchanged. Shorting can be done in the 1810-1830 range, with a target in the 1700-1730 range #Gate.io 币种上新 .