Analyst Chen Shu: Yesterday's short positions in Bitcoin and Ethereum yielded significant profits. Over the weekend, pay attention to whether the 6.75 support level holds.

Analyst Chen Shu: Yesterday's short positions in Bitcoin and Ethereum yielded significant profits. Over the weekend, pay attention to the 6.75 support level. Yesterday's midday analysis suggested shorting Bitcoin at 7.08 and Ethereum at 2080. These short positions were entered at the rebound highs, resulting in profits of 3000/120 points. Congratulations to those who followed the trades! Looking at the daily chart for Bitcoin, the price has retraced to the 30-day moving average (MA30) around 6.8 after two consecutive days of decline. Monitor this support level; if it breaks, the short-term trend will continue downward. Conversely, if it holds, the short-term trend will remain volatile. On the 1/4-hour chart, watch for short-term support around 6.75. The 120-day moving average (MA120) on the 4-hour chart is currently the short-term support level. This level also coincides with the 256-day moving average (MA256) on the 1-hour chart. A further decline to test lower support levels is expected. From the daily chart, Ethereum has also retraced to near the 30-day moving average (MA30). Watch whether the price can fluctuate around $2000 and hold this support level. On the 1-hour chart, it has currently broken below the 256-day moving average (MA2000). If it continues to trade below $2000, a short-term reversal to a downtrend is likely. Midday Trading Strategy (Written at 12:50):