Sunday, Bitcoin Ethereum Analysis for Next Week, One Word: "Short"

Up to now there are still fans asking me how I see the market. To be honest, the aptitude is really a bit lacking. After the 76000 pullback signaled long-term shorting, I haven't done any longs. I've been very clear: after the Fed interest rate cut data is released, no matter how high the rebound goes, that's all a trap zone. We only short. Shorting may result in being trapped, but absolutely won't lead to liquidation.

Tech stocks, gold, silver, crypto sector—which one isn't falling? In the final analysis, it's high inflation plus war factors. Even though the Stable Genius repeatedly demanded Old Powell to cut rates, it cannot change the current weakness in the global financial environment. As of 3.20 closing, all three major U.S. indices closed down across the board. Tomorrow, which is Monday next week, Bitcoin will very likely gap down at the open.

At this node, if 70000 is lost, and moreover the rebound range from the past two days has been gradually declining with lower lows continuously breaking, K-line has returned to the downtrend channel. Within small timeframes, focus on the 65000 support line below. Once it can't hold, there's at least 5000-6000 points of downside remaining. Ethereum is the same—if 1900 doesn't hold, look at the previous low around 1730. Is that clear enough?

Don't ask me in the future whether it will go up or if we can short. If you want to follow signals, just get on board directly. The channel link is on my homepage. Those with aptitude who want to liquidate their losses don't need coaching from me. I stare at the charts eighteen hours a day, have to bring clients, write analysis, do live streams at night—where do I have so much time to answer all your questions? If you want to freeload, just follow my daily strategies. Of course, these are for reference only, since market conditions are ever-changing. $BTC $ETH