Currently, from the perspective of the daily chart, BTC has plummeted and closed near the support level of 112500, with resistance levels at 113000-114000. If the downtrend continues, it may reach the previous low around 108000-109000. Ether has broken below the previous low of 3870-3900, so this can be seen as a resistance level. If it breaks above, we can look at 4000-4100, while the support levels below are 3700-3600.

On the 4-hour chart, BTC's body plummeted to the 110000 level and then rebounded, with short-term resistance at the 112500-113000 range above, and support at 110000-108000 below. Ether's body fell to around 3750 and started to rebound, with short-term resistance at 3850-3900 and support at 3750-3700.

The high position short positions laid out yesterday also exceeded expectations for profit-taking, and the long-term short positions have taken off directly. The current rebound is weak, so maintain high position shorting in subsequent operations!

Short-term trading strategy:

Short BTC 112500-113000, target 111500-110000, loss above 114000;

Short Ether at 3830-3860, target 3750-3700, stop loss above 3900;

Strategies are time-sensitive, primarily guided by real-time private instructions! #CoinDesk9月Gate战绩来袭 #Gate500万U交易计划来袭 #美联储降息预期升温