#Strategy扩大比特币持仓 Bitcoin and Ethereum's performance on the afternoon of November 14th has made the technical signals very clear — short positions are serious this time.

First, look at the K-line. A typical bearish engulfing pattern has appeared, combined with a volume increase in the downtrend, and the price has also broken below the VWAP average line. This combination of volume and price divergence is basically a signal for the sellers to accelerate unloading. More critically, the moving average system has completely reversed, with both short-term and long-term lines turning downward, forming a standard short positions arrangement. Under this resonance effect, the market's bearish expectations are further reinforced.

Currently, BTC is hovering around the 100000 mark. This position has historically accumulated a large number of trapped positions, and once the price rebounds to this level, the selling pressure is likely to be concentrated. From a risk-reward perspective, this is not a suitable time to buy the dip.

Any operational advice? If BTC rebounds to the range of 98000-98500, you might consider going short, targeting around 96000 or even lower at 95500. The logic for ETH is similar; the rebound height of 3230-3250 could be the opportunity to set up short positions, with lower support levels to watch at 3150 and 3100.

The trend is much easier to follow than to go against it. The current market structure is just like this, and the technical signals are already clear enough.