Last week, those short orders placed at 88000, 90000, 91000, 92000, and 93000 have all breakeven now, right? But what our bearish traders want is not just breakeven so simply. This week's target is very clear: watch Bitcoin test 80000 again, and Ethereum aiming for 2600. The key is whether you can hold on.

Here's a suggestion: you can reduce your short order in batches to secure some profits, but you must leave a portion of your position! Don't close everything, there's still potential ahead.

Let's take a look at the monthly chart of Bitcoin. A clear triple top structure has formed around 124000, followed by a pullback. The price has now broken below the middle band of the Bollinger Bands, and the monthly candlestick has recorded two consecutive bearish candles. The bearish momentum of the MACD continues to be released, and both KDJ and RSI have turned downwards, indicating a clear signal.

On the weekly level, both the middle and lower bands of the Bollinger Bands are widening downwards. Although last week closed with a small bullish candle with long upper and lower shadows, the upper shadow is much longer than the lower shadow - this indicates heavier selling pressure. The price has once again returned below the lower band, and the MACD bearish momentum is still increasing. This week, we continue to be bearish, and there is a high probability of testing the 80,000 mark again.

Three consecutive daily candles close in the red, constantly pressed down by the middle track. Both the upper and middle bands of the Bollinger Bands are descending, and the KDJ shows a dead cross at a high position heading downwards. The 4-hour level is even harsher, with a large bearish candle directly breaking through the lower support. The intraday strategy is very simple: continue to hold short orders and look down.

If you don't have a short order in hand, you can pay attention to the resistance levels above during the day: 88300 and 90000 at these two points. High short positions can be ambushed around these two locations. The support below to note is at 86300, 85400, 83300, and 80000 at these points.

Speaking of Ethereum, after the monthly line reached a high of 4957, it faced resistance and began to oscillate downward, forming a double top pattern near 4750, and subsequently initiated a continuous decline...