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Mu Feng analyzes the trend: The evening waterfall arrived as expected, with Bitcoin retracing over 4000 points. The intraday rebound and short-selling strategy align with the anticipated movement.
Currently, the daily chart still shows significant selling pressure. The high-altitude trading approach planned during the white trading session successfully captured the move. Short positions around 105,000 for Bitcoin, with the price dropping to around 101,500, exceeded expectations and hit the target, securing over 3,000 points of profit. Ethereum, due to an independent movement in the evening, surged upward. The entry point was slightly off, with short positions above 3530. The lowest reached was around 3370, and the target at 3400 was also exceeded, achieving over 100 points of profit. Congratulations to friends who followed the short-selling strategy and successfully took profits.