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The market changes rapidly, and the crypto world experiences ups and downs. A calm sea does not cultivate excellent sailors. Yesterday's strategy was clearly stated; although the strength of the rebound was quite good, it stopped obviously near the resistance level above. There was no breakthrough, as the saying goes: "One strong push leads to a decline, and three pushes lead to exhaustion." Therefore, in the afternoon, I advised everyone to directly place short orders near the resistance level, and the results were as expected. This is the professionalism that a professional analyst should have. Performance is verifiable.
The daily chart of Bitcoin has started to fall after two consecutive bullish candles. From our expected entry point, it dipped all the way down to around 112500, which can be considered as a perfect take profit. It is evident that the price movement highly overlaps with our previous thoughts. After touching the low, it rebounded again, and both the four-hour and one-hour charts show a resistance level structure. This rebound is also a normal operation in the price trend, so we can continue to look downward in the morning.
short order 114200, pay attention to 112000
Short order at 3600 for ETH, focus on 3520