April 13th, Monday Morning Analysis



After a brief rally in the early hours yesterday, the market was pressured by news and started to decline again. The overall trend still aligns well with our expectations. During this pullback, we entered short positions on Bitcoin at around 2000 points, and also shorted Ethereum for nearly 100 points. Recent market fluctuations are quite manageable; entering the market is basically about picking up opportunities. Don't think it's too difficult—if you catch the right entry points, there’s no problem. This is also the basis for our recent winning streak.

Currently, the intraday price has shown a slight rebound again, which matches the strategy we shared during the morning live session. There won't be much room for a strong rebound or rally. This is a common fluctuation range. Don’t be afraid to enter just because of a small rebound—doing so would only cause you to miss the chance to profit. And don’t be overly cautious after a setback; fear of minor setbacks shouldn’t prevent you from acting. On the hourly chart, the price still has room to retreat further, so look for opportunities to short again.

In the morning, short Bitcoin at 71,200 to 71,500, with a temporary target around 70k. Short Ethereum at 2,200 to 2,230, with attention to 1,940. $BTC $BTC
BTC-0,74%
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