Throughout the day, there has been a continuous decline, with long positions being trapped or stopped out. Those with large positions likely faced liquidation directly. The main focus today has been on the explosion of long positions, with $550 million in long positions liquidated in the past 24 hours, $430 million in the past 12 hours, and $220 million in the past 4 hours. It's quite alarming. Fortunately, the long positions for a rebound provided in the afternoon were repeatedly reminded to be light, and during the evening broadcast, I also advised to secure profits. After several hours of weak rebounds, there was no need to hold on, and we escaped a disaster!

Do not chase short positions at midnight; the downside space for Bitcoin is limited. There is no market that only declines without any rise. If you missed the short positions, just wait for the next wave. Chasing shorts can easily lead to being trapped. The support below is around 89,000, and the space is also limited, so it’s better to place high shorts and operate in the direction of the trend! Pay attention to the resistance above at 91,500 and 92,500, and then 93,500. Set up high shorts around these levels, targeting 90,500, 89,500, and 88,500.

Ethereum is weaker today, but the lower Bollinger Band on the daily chart has not yet opened downwards, indicating limited downside space. The lower support is around 2,970, so do not chase shorts either. The tail of the fish has more flesh and less meat, so it’s safer to place high shorts! Pay attention to the resistance above at 3,120, 3,170, and 3,230, and set up high shorts around these levels, targeting 3,070, 3,000, and 2,950.

For the previous short positions, are you still holding on? Don’t close them all. Currently, I have shorts around 94,900 and 3,380, with very small positions, and I plan to hold on. I haven’t closed the position at 84,500, so I definitely won’t move now, aiming for the 75,000 level!

Today, a sense of urgency permeates everything—eager to get rich, eager to establish a career. It’s hard to watch others feast while you only sip soup, yet little do they know that behind the feast is blood and sweat. When in cash, one is eager to enter the market; when facing floating losses, one is eager to escape; when in floating profits, one is eager to secure them. However, all this urgency brings no benefits, but rather leads to destruction. The rush to become a big tree neglects the essence of whether one is solid or not. A single cut can lead to a severance. In trading, waiting can lead to missed opportunities, but being anxious can lead to losses. Missing out is always better than losing. Time, in its unique harsh way, gradually teaches people to be magnanimous, understanding that no matter how the market treats them, they must still promise themselves that there will be sunshine tomorrow.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。