The Bitcoin bear market isn't over yet, so don't rush to buy the dip.

Chu Yuechen: June 3rd Bitcoin/ETH Contract Trading Reference. Yesterday, we started shorting at 71300 in the morning and exited around 70000. We continued shorting when the price rebounded to around 71000 and exited around 69500. In the evening, we placed a short order at the current price of 69300 and exited at 68000. The three short orders yielded a profit of over 3000 points. Overall, it was not bad. There are opportunities every day, and you can't expect to profit from them all. This morning, the price has been fluctuating narrowly between 66000 and 67000. The short-term resistance is at 68000. If the price reaches this level, you can continue to place short orders. On the downside, pay attention to two important levels: 65000, which is the low of March 29th and the starting point of the previous upward move; and the support level at the low of $60000. Therefore, for trading, place a short order around 68000, with a stop loss at 69000 and a take profit target of 66000-65000. ETH is being traded in sync. Consider shorting around 1900, with a stop-loss at 1950 and a take-profit target between 1850 and 1800. Market conditions are constantly changing, and there may be a delay in posting this article. Please monitor the market closely and make necessary adjustments. For further discussion and trading advice, please see my profile; I will provide timely real-time orders.