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You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum reminded multiple times yesterday to raise short positions, and again reminded in the early morning to continue to short above 2150 and 69700 or add to short positions, the market repeatedly surged and then retracted, hitting a low of around 2086 and 68200. The daily line ended the consecutive rise pattern with a long upper shadow, closing with a bearish candle, indicating that the trend is starting to weaken. The K-line pattern on the 4-hour chart shows that after a strong rise, there have been two consecutive increasing-volume bearish candles, followed by a small body K-line with a long shadow, indicating that short-term upward momentum is weakening, and the market is entering a correction phase, with intense competition between bulls and bears in this area.

A bearish candle with a long upper shadow has appeared on the daily chart, confirming the short-term top pressure and starting the correction trend. Technical indicators on the 4-hour MACD show that the DIF line and DEA line are still above the zero axis, but the DIF line has begun to approach the DEA line, the MACD histogram continues to shorten, indicating that short-term upward momentum is exhausted and there is a risk of a death cross. The volume on the previous day’s decline was accompanied by huge volumes, further confirming the strength of the correction.

There is further downward space for short positions, paying attention to the support strength at the levels of 66500 and 2030 below, many times it is not important to do right or wrong at the beginning, what matters is whether you can take a good space, no one will give you firm confidence to hold, and trends changing cannot be adjusted in time.

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