Let's boldly engage in the new market trend in July 😀

The market has entered a trading off-season, experiencing high-level fluctuations for 6 days, and shorting at highs has also yielded a few pleasant waves...
Simple market analysis!
From a technical perspective:
Mainly short positions in a high-level sideways market!
From the daily trend perspective, the continuation of the downward trend has reached the downward channel resistance level near 108800...
From the monthly perspective, there is also a demand for pullback support!
From the trading volume, it can be seen that without trading volume, the market cannot rise; if there is no progress, there will be regression!
From the perspective of news, the expectation of a rate cut in September is still just an expectation; only when the rate cut actually happens will funds gradually enter the market!
From the perspective of the dealer's trading methods, the dealer will never buy at a high position; they will only accumulate at a low position. Buying at a high position will always be done by retail investors!
In summary: Be bold to short during the rebound!
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But one must grasp the rhythm and seize the opportunity!
Once the number of retail investors trapped in the technical aspects increases, and the shorts are too aggressive, the big players may also break the technical levels to push up for a washout before dropping again...
At the same time, give the bulls more faith and lure in more cannon fodder!
So, no matter how high it goes, as long as there is a sharp pullback, enter short in batches!
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The trading strategy is:
When entering a position, strictly set a stop loss. Move the stop loss down to protect profits as you gain. If there is a breakdown and a drop, you can also add to your position with profits, while continuing to move the stop loss down!
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If you still don't believe!
You can take a look at the historical bull market cycles.
Before each bull market arrives, there will always be a halving from the highest point, followed by a period of oscillation and decline, as the market washes out and accumulates positions before the bull market starts!
This time with the ETF support, the probability of it being cut to 60K is just a little lower!
Not bad, the next round of bull market will be after the interest rate cut at the end of the year, and it will also require a global economic recovery!
As for the peaks, they are 200,000, 500,000, and 1,000,000.
In the cryptocurrency world, there is only a bottom and no top!
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The following are reference entry points!
Stable short recommendation:
Short near 109555 for Bitcoin
(If it breaks the fake 110K and turns down, directly short it.)
Short near 2583 for Ethereum
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Radical Short:
Short near 108666 for Bitcoin
Short near Ether 2525 or sync with Bitcoin short
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Short Selling Suggestion
The pancake has broken below 105000, and the pressure is effective for shorting.
Just synchronize Ethereum!
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There has already been a good cost loss from the high-altitude wave band decline. For short-term trading, take the profit and don’t get attached to the battle!
Do the following two images achieve this?
Let's wait and see!
(There's not much live market commentary, I miss everyone so I started a stream to chat about the market and life😀)