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Last night’s analysis indicates that the market has completed the expected second peak and has started to decline. The previously positioned Bitcoin and Ethereum long positions have been successfully closed for profit. Moving forward, it is advisable to continue shorting at high levels! Trading strategy: short Bitcoin at 92,000-92,500, target 91,000-90,000; short Ethereum at 3,230-3,260, target 3,180-3,100. The market successfully triggered entry points tonight and again followed the expected decline, with Bitcoin and Ethereum short positions closed for profit!
The strategy is time-sensitive and should be based on private real-time guidance!
On the 4-hour chart, Bitcoin has clearly reached the top of the box structure. It has tested twice but still failed to break through. The box structure is still valid. Yesterday’s long positions were re-entered and profitably closed. Ethereum also performed as expected, with two tests of the 3,230 level facing resistance and pulling back. The long positions laid out yesterday were successfully closed for profit. Looking ahead, the pullback strength is expected, with strong support below at 3,200-3,030!
Currently, the market has shown a expected second top and started to decline. The long positions on Bitcoin and Ethereum laid out yesterday have been successfully closed for profit. It is advisable to continue to short at high levels!
Trading strategy:
Short Bitcoin at 92,000-92,500, target 91,000-90,000, stop loss above 93,500;
Short Ethereum at 3,230-3,260, target 3,180-3,100, stop loss above 3,300;
Strategies are time-sensitive; specific guidance will be provided privately in real-time!