It’s not that the market is too cunning, it’s that you didn’t follow the right big brother! After waking up from a nap in the morning, you perfectly missed out on the bottom, and as soon as you chased rising prices in the afternoon, you got stuck at the mountain top feeling the wind. In the evening, you continued to buy the dip at midnight and got trapped halfway up the mountain. — That’s right, I’m talking about you, the gritting teeth handsome guy and beautiful girl in front of your phone screen! Are you still betting on direction based on your feelings? On Tuesday, the market was particularly strong for short positions, with BTC facing pressure from the morning high of 107,271 and continuously breaking down, currently falling to the lowest point of 100,725, with a single-day drop of over 6000 points. Ether faced pressure from the morning high of 3653 as well, forming a strong staircase-like decline, falling to the lowest point of 3361, with a single-day drop close to 300 points. Undoubtedly, under such market conditions, we firmly hold a bearish view. The two short orders placed during the day all stopped out. The short order near 106500 for BTC stopped out at 105,000, netting 1500 points. In the evening, a short order was placed again at 104,500, stopping out at 103,000, once again netting 1500 points. The short order for Ether at 3625 in the morning stopped out at 3500, netting 125 points. In the evening, the short order at 3566 stopped out at 3450, netting 116 points. It’s not that the market isn’t powerful, nor that the difficulty is high, but rather that you misjudged the direction and followed the wrong people.

From the daily perspective, the overall trend is still dominated by short positions, with prices failing to form effective breakthroughs and stabilize after multiple tests of the middle track, indicating strong resistance near the middle track. This also shows that the bullish strength is insufficient to push prices further up, and without positive news in the future, there are clearly no signals of reversal. From the K-line pattern, the recent price movement presents a clear strong downward trend, with rebound highs gradually decreasing and lows continuously moving down and refreshing, forming a relatively clear downward trend channel. Each rebound appears weak and lasts for a short period, after which the price falls again under pressure. Although the short positions currently dominate, prices also show a certain intention to slow down volume when breaking below the lower track, so a slight rebound may occur in the short term. This rebound is more of a technical correction and is unlikely to change the overall bearish trend.

You can short near midnight BTC 101000, with a target at the 100,000 mark. If it breaks, look for a wave short down to 98100.

Ether around 3390-3360 can be short ordered, target 3250-3200.