Wednesday: Preparing for the Fed, long-term short positions ready to enter

As the Middle East situation has once again severely disrupted the Fed's inflation-fighting efforts, the Fed's interest rate decision announcement at 2 AM has become even more crucial. The market has lowered the probability of rate cuts to nearly zero, with futures pricing indicating the Fed won't consider cutting rates until September, or even October at the earliest, with only one cut expected for the entire year.

Tonight is the opportune moment for us to begin arranging long-term short position entries. Bitcoin is currently consolidating around the 74,000 level, with the bullish upward momentum slowing down. It is noteworthy that after facing resistance and declining from the previous high of 76,000, it has failed to recover those losses. Therefore, we will continue to short in the market.

I have already explained very clearly in yesterday's article why we are reversing to short at this time. Chasing highs now is like licking a blade—extremely risky. Market sentiment is weak, and the war factor is like a landmine that could explode at any moment. Once large capital outflows occur, it can easily trigger a panic sell-off. One word: be bold and "short."

Long-term positioning:

Bitcoin: Short in batches with light positions between 75,000-76,000, reserve positions above 78,000 for averaging down, target around 65,000

Ethereum: Short in batches with light positions between 2,355-2,400, reserve positions above 2,520 for averaging down, target 1,950

Seven years in the industry, witness to two bull-bear cycles, trend analysis pioneer, real trading guide—those in the know understand!