Saturday, the downtrend is playing out and continuing! Keep shorting!

Bearish sentiment is not just talk; during this period, we've been consistently short and bearish. No matter what position you entered from, there's plenty of room for movement. Yesterday's non-farm payroll report was in line with expectations, showing a surprising bullish trend that pushed prices from a high of 74,000 down to 68,000—a drop of 6,000 points. That’s enough to give everyone a good shake.

At this stage, the daily chart has already shown high-volume peaks. In a bearish candle pattern, one or two signals often lead to three. Today, we expect the daily candle to close bearish again. A slight rebound within the day can be used to enter short positions; the overall trend remains bearish. Resistance is concentrated around 68,600-69,500, with support at 65,500/63,800!

Ethereum hasn't stabilized at 2100. Looking ahead, after some sideways and weak movements, the target is 1860. Continue to follow market sentiment and stay bearish!

A new beginning, a new voyage. Ten years of unwavering dedication to the frontline. Friends who want to profit, follow Ultraman! Wishing everyone success and happy trading!