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Today, the starting point for BTC is 116938 in the morning, which is 10000 points lower than yesterday's high; ETH's starting point is 4386, which is 146 points lower than yesterday's high; SOL's starting point is 185.75, which is 7.6 points lower than yesterday's high. The short order taken in the morning, hold on, no matter how much it rebounds today, it won't reach today's starting point or the cost price of the short order.
The support points for BTC going down are 113450/113333, and 112000 (if it breaks through, it could go to 111850/111555). This is the resistance area for the bulls, as long as the bears cannot break through this area with a large volume, it can easily rebound to 115000-117000. Therefore, in the short term, one should not chase short orders here. If it does not break below the range of 113300-110000, that will be the bottom. If I'm not mistaken, there will be a significant surge tomorrow night.
Synchronize, eth 4150-4072 and below cannot be shorted. As long as the shorts do not fall through 4000 to below 3930 in one go, the short orders around this area can easily be trapped.
The 176.5 of sol is the golden ratio point of the large fluctuation from 210 to 155.75, the weekly ema7, and also the lowest point of the small fluctuation from 195 to 176. Theoretically, this is the bottom-fishing point, but this time it may not hold, because the important defense line for btc is at 112000, and the spike may drop below 176. There is support at 174.85, 171.65, and 167.25, and there could be a counterattack at any time. Do not chase short orders below 176.