Morning thoughts

The Bitcoin price continued to retreat on Tuesday, with no pause in its high-level descent, essentially a one-sided drop with no rebound, going deep and at a large rhythm. The high point has basically been confirmed. Initially, the plan was to go long starting Monday, but due to the lack of correction from Monday's method, there was no reason to go long. Therefore, starting from Monday, we basically adjusted our positions and continued to short, which turned out to be quite good.

In the short term, the market has basically broken key levels, opening up space for further declines. The K-line is moving down along the moving averages, simultaneously causing the indicators to begin to turn down. The single-sided moving average is essentially a critical point, and after a prolonged consolidation, it has shifted to a weak pullback. Yesterday established a small step down, opening up space for further declines. In the short term, on Wednesday, it's advisable to continue to follow the downward trend. We'll assess the space as we go, but decisions should still be made based on the patterns observed. The repeated testing of a low point has increased the likelihood of further breakdowns.

Operation Suggestions
Short the Bitcoin at 105700-105900, target 104500.
Auntie 2410-2420 is directly empty, target 2350