#数字货币市场回调 Those who bought the dip against the trend have been educated, but no one listened to the short positions warning? The rebound continues to look bearish in the middle of the night!

Since last week, it has been a smooth ride with short positions all the way down, profiting from the setups at 88000, 90000, 91000, 92000, and 93000. The short position strategy on Ethereum at 2900, 2950, 3050, and 3100 has also been steadily profitable. As the monthly chart closes, the market continued to fall on Monday's opening, and friends following the rhythm have successfully taken profits. Today's daytime signal for short positions around 86700, with an evening entry point at 86500, has yielded quite substantial returns.

Bitcoin is currently hovering around 84880, and the daily level is clearly narrowing, with the upper and middle bands of the Bollinger Bands both pressuring downwards. Last week's rebound was firmly suppressed by the middle band throughout, and today a large bearish candle has directly erased all of last week's gains. Those analysts who were calling for a target of 100,000 at around 90,000 last week and promoting buying the dip, I wonder how they are doing now? Are their positions from following the trend still there? Just a reminder: Although the downtrend is clear, don't be too aggressive in chasing short positions; the lower band is getting narrower, and it hasn't fully opened downwards yet. Overly pursuing short positions in the short term can easily lead to being trapped.

The Bollinger Bands on the four-hour level are widely opened, with the price continuously declining along the lower track. The MACD bearish momentum continues to be released, and the KDJ and RSI indicators are consistently moving downward. The operational strategy for late night remains focused on short positions. Pay attention to the resistance levels at 86200 and 88000, followed by the strong resistance at the round number of 90000. For support, watch the levels at 84000, 82000, and 80000; it is highly likely that this week will test the 80000 level.

Ethereum is showing more weakness, currently around 2740. The space for the lower Bollinger Band on the daily chart is very small now, and the KDJ three lines are converging to form a death cross and diverging downwards. In terms of operations, there is no doubt that we should continue to short at highs, which is an old saying. The resistance above to pay attention to is 2780 and 2850, and above that is the 3000 round number. The support below looks at 2720, 2680, and 2600.

Market data is really brutal. Over 260,000 people were liquidated in the past 24 hours, with long positions liquidated amounting to as high as $870 million. In the past 12 hours, long positions were liquidated for $330 million, in the past 8 hours $160 million, and in the past hour, there were still $8.93 million of long positions being liquidated... It's hard to give good advice; one must learn from their own losses.