Today’s Shorting Strategy!

After breaking below the price channel, the fish group wants to swim back to their nest, but they simply can’t make it.
It looks like an upward push, but it’s all fake moves and false breakouts. Every time it pulls back, and this big bearish candle directly hooks all the long traders out of the market.
The high point of the bearish candle is around 68915, which was originally a trap set by the main players for a short position. That spike is specifically meant to stab the fish and sweep the liquidity above.
Experienced traders know: a closing line higher than the high is a sign that signals are not to be trusted.
Now, the lower boundary of the channel at 68500 is a strong resistance zone.
The first fake breakout still touched the edge of the nest, but the next two attempts failed to even reach the nest, indicating that the buying momentum is weakening. The bulls are losing strength.
If it can’t pull back into the channel again, it will likely make a third attempt to top out, a typical pattern of fishing out the last of the buyers before returning to the nest.
Lower points have already been made, and the rebound cannot reach new highs. Most likely, it will return to the nest for a second time and test the bottom again.
Only by re-entering the channel can we expect a decent rebound.
If it can’t go up or come down, it will just drift within the 68400–66585 range, slowly grinding and waiting for a new move.
Pay close attention to volume: it’s been decreasing during the upward move, like the fish are losing their bite. This kind of market won’t last long.
$BTC Bitcoin Shorting Strategy
• Break above 67636 with volume, go long on the right side
• Break below 67129 with volume, if it doesn’t recover back into the nest, short immediately
• Every position must have a stop-loss (risk management)
Hourly level:
• Hold above 67786, look towards 68500–69906
• If unable to hold 67786, it’s all fake moves and false signals
4-hour level:
• Break below 67017, look towards 65925–65222
Resistance levels (nest points): 67786 – 68500 – 69906
Support levels (bottom): 67117 – 66392 – 65430
$ETH Ethereum Shorting Strategy
• Break above 1965 with volume, go long, exit if it breaks down
• Break below 1939 with volume, go short, keep stop-loss tight
• Support at 1875 is stable, go long on dips, exit if it breaks below 1825
Hourly level:
• Hold above 1972, watch for 2000–2030
• Near 2000, decisively go short, exit if it breaks 2045
Spike on the left side (quick move):
• Long at 1810, exit if it breaks below 1763
Resistance: 1972 – 2000 – 2030
Support: 1938 – 1913 – 1873
4-hour level:
• Break below 1934, watch for 1907–1856