Saturday, the crash may be late, but it will never be absent

Since the Federal Reserve announced to keep interest rates unchanged early Thursday morning, the global financial markets have been bloodied, with gold and silver experiencing the largest single-day declines in history. Bitcoin also dropped 8,000 points simultaneously. This is just the beginning; as long as negative news continues to stimulate the market, panic sentiment will inevitably spread further. At this stage, we are only looking at breaking new lows. The bear market has already begun, and only those who wake up late will suffer heavy losses.

After Bitcoin fell to 81,000 and then rebounded, the bulls pushed up to around 84,600 before facing resistance and correcting. In my opinion, this is just a brief flash of light, a clear trap to lure more buyers in. We currently hold our position without any panic. We are firmly expecting to break below 8.0K. Any decline or rally will not be a complete cycle in itself; the process will be long and winding. But if the direction is correct, the road ahead is not far.

Long-term Short

Bitcoin: Suggest shorting in the 83,800-84,300 range, with targets first breaking below 8.0K, then aiming for 75,000.

Ethereum: Suggest shorting in the 2,695-2,720 range, with targets first breaking below 2.6K, then aiming for 2,200.

A seasoned mentor with eight years of experience, a witness to the bull and bear cycles. Going solo is less effective than walking with the light. Buddha guides those with fate; I await those with sincerity. #贵金属行情下跌