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

Until now, some followers are still asking me how to view the market. To be honest, the understanding is really a bit lacking. Since we signaled going short from the 76000 reversal, I haven't done anything long. I've already made it very clear that after the Fed rate-cut data is released, no matter how high the rebound goes, that's all a trapped area. We only go short. Going short might get trapped, but will absolutely not get liquidated.

Tech stocks, gold, silver, crypto—which one isn't falling? In the final analysis, it's simply that inflation is too high, coupled with war factors. Even with the Deal King repeatedly demanding Powell to cut rates, it cannot change the current weakness of the global financial environment. As of the 3.20 correction, the three major U.S. indices all closed down across the board. Tomorrow, which is next Monday, Bitcoin will very likely open directly lower on the big probability.

At the current node, 70000 has fallen, and the rebound range these past two days has gradually descended, with new lows continuously broken, and the K-line has returned to the downtrend channel. In the small time frame, focus on the 65000 level below. Once it can't hold, there's at least another 3,000-5,000 points of downside. Ethereum is the same—if 1900 doesn't hold, look at the previous low around 1730. Is that clear enough?

From now on, don't ask anymore whether it will rise or if you can go short. If you want to follow the signal, just get on board directly. There's a channel link on my homepage. People with understanding who want to withdraw profits don't need any guidance. I stare at the charts eighteen hours a day, have to bring clients, write analyses, and 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 strategy. Of course, it's only for reference, after all the market is ever-changing. $BTC $ETH