Liang Qiu: Yesterday's short positions on Bitcoin/Ethereum were a huge success; today, pay attention to the support level at the lows.

Both Bitcoin and Ethereum are trending downwards, influenced by macroeconomic factors such as expectations of a Fed rate cut. They are currently in a critical price-level consolidation phase. Yesterday, we placed two short orders: one at 3170 targeting 3100, and another at 3140 targeting 2980, both yielding substantial profits. Here is a detailed market analysis: Bitcoin's key levels: A short-term rebound requires a firm hold above 89800. Resistance levels are around 91500, 92800, and 94200. Key support is at 88000; a break below this level could lead to further declines to 85000 or even lower. 90000, being close to its production cost, is considered a "soft bottom." Ethereum is moving in tandem with Bitcoin, with a 24-hour drop exceeding 4%. It is currently fluctuating around the key 3000 level, oscillating around 3030 and 3040 at different times of the day. After encountering strong resistance at 3200, it pulled back. Short-term support levels are around yesterday evening's low of 88000 and 2980. Trading suggestions: Buy Bitcoin around 88800-89300, with a target around 90800; Buy Ethereum around 3000-3020, with a target around 3090, and continue to look for further upside if it breaks through. Our daily analysis and strategies have a high win rate and are available for viewing. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.