A rebound is very likely to be a trap to lure buyers, so be cautious when chasing the rally! 1.12 Bitcoin Auntie's Strategy

On the hourly chart, Bitcoin Auntie is closing with a doji at a high level, the lower band of the Bollinger Bands is tightening significantly, the price is operating near the upper band, the three lines of the KDJ are high and slowing down with signs of turning downward, plus the MACD volume is decreasing, so the idea of maintaining a high-level short position remains unchanged!

1.12 Short Position Strategy:

Short at 92000-92500 during Bitcoin's rebound, with a stop around 93500, target around 91000-90500-90000, if broken, look at 89500-89000, continue to move stop-loss accordingly based on profit!

Ethereum currently at 3150-3180, with a stop around 3230, target around 3100-3070-3050, if broken, look at 3020-3000, continue to move stop-loss accordingly based on profit!

Several crypto industry bigwigs are bullish, but US stocks retreated after last week's major and minor non-farm payroll reports, and it is well known that US stock valuations are too high. If a significant pullback occurs, how will the highly correlated coin prices move? Think carefully, everyone!