Last night, BTC decisively fell below the key support of 3355, and this break has clear technical significance, declaring that the short positions trend is in absolute control. This position serves as a short-term dividing line between bulls and bears, and its loss means that space below is opened up. We timely set a stop loss and took the opposite position, which is a respect and follow-up to the market's turning signal.

Currently, Ethereum has pulled back to the 3290 level, which is not an independent move, but closely follows the weak trend of BTC. From a technical perspective, this position lacks strong support and appears more like a continuation of the downtrend. The overall market structure has shifted to a weak pattern of "fall - consolidation - further fall," with the moving average system showing a bearish arrangement, continuously applying pressure on prices. In summary, the short-term market is clearly biased towards a bearish pattern. The main strategy should focus on shorting on rebounds, with the 3300-3330 area having become a key resistance zone for Ethereum. Before a clear bottom reversal signal appears, it is essential to follow the trend and strictly control risks as the core strategy at present.
#美国ADP数据超预期 $BTC
BTC strategy: shorting near 101300, target 100000
Ethereum strategy: short positions near 3300, target 3220