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Sunday, Bitcoin and Ethereum Analysis for Next Week, One Word: "Short"
There are still fans asking me how to view the market. To be honest, some people really lack market intuition. Ever since I signaled going long at 76000 and then indicated shorting, I haven't gone long again. I've been very clear—after the Federal Reserve rate cut data is released, no matter how high the rebound, that's a trap zone. We only short. Shorting might result in being trapped, but absolutely won't get liquidated.
Tech stocks, gold, silver, crypto—which one isn't falling? The root cause is that inflation is too high, plus warfare factors. Even though the Trump wants Old Powell to cut rates repeatedly, it can't change the current weakness of the global financial environment. As of the 3.20 data adjustment, all three major U.S. indices closed in the red. Next Monday, which is tomorrow, Bitcoin will most likely open directly lower.
At the current node, 70000 has been broken, and the rebound range in recent days has been gradually declining. Lows keep breaking. K-lines have returned to the downtrend channel. For short-term periods, focus on 65000 below. Once it can't hold, there's at least another 3000-5000 points downside. Ethereum is the same—if 1900 doesn't hold, look at the previous low around 1730. Is that clear enough?
Don't ask me anymore whether it will rise or if you can short. If you want to follow signals, just get in directly. The trading signals are on my homepage. People with market sense who want to make profits don't need guidance. I've been staring at charts for eighteen hours a day, managing clients, writing analysis, and streaming at night. Where do I have that much time to answer all your questions? If you want free content, follow my daily strategy updates. Of course, it's for reference only since market conditions constantly change. $BTC $ETH