On the daily level, Bitcoin has recorded six consecutive bearish candles, and the anticipated downtrend has progressed smoothly, reaching a low around 66800. Currently, we need to observe the support level around 68000. A single dip is far from sufficient, and the level around 66000 has not been touched. The resistance level is tentatively set at around 69000. Ethereum has seen five consecutive bearish candles, with resistance at 2480-2500 and support at 2400. If the entity breaks down, we will continue to look at the level around 2350!

On the 4-hour level, the bearish momentum for Bitcoin has not yet been fully released, and further downward movement is expected. The next short-term support level is around 67000-66000, while the resistance level is around 68500-69000. Ethereum is currently maintaining a range-bound movement, with support at 2420-2400 and short-term resistance at 2480-2500. If it breaks, we will pursue it! The short-selling strategy provided near the resistance level in the evening was accurately executed and took profit. Moving forward, it is still recommended to focus on shorting near the resistance level with a continuation of the bearish outlook!

Operational strategy: Aggressive shorting!

Short Bitcoin at 69000-69500, targeting 67500-66000, with a stop loss above 69800;

Short Ethereum at 2460-2480, targeting 2420-2360, with a stop loss above 2520;

The strategy is time-sensitive, and specific guidance will be provided in private real-time!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and operational strategies!

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