The decline continues without a bottom, and the rebound is still a short opportunity!

It has dropped, it has dropped, and it has dropped again; it really is a continuous decline! Early in the morning, while still in a dream, the market unexpectedly took another plunge, dropping to the 66800 line. I posted in the early hours asking everyone to hold on to their shorts at 69200 and not to exit completely. Continue to pay attention to the support levels at 67000, 66500, and 66000 below. After reducing positions at 2490, I advised everyone to watch the two levels at 2380 and 2330, which are also testing these support levels again. The focus remains on short positions during the day, but do not chase directly. Yesterday's volatility was not significant, yet the number of liquidated long and short positions was about equal, so be wary of market manipulators washing the market up and down. Be patient and wait for a rebound before shorting!

On the hourly chart, the mid-band resistance is at the 68200 line, which has been tested multiple times without breaking upwards; this can be considered the first resistance level. On the 4-hour chart, the mid-band is also under pressure and is currently testing the lower support; the 68800 level can be regarded as the second resistance level. On the daily chart, it has also broken below the mid-band support, marking six consecutive bearish candles. The broken support turns into resistance, and the mid-band resistance on the daily K-line is exactly at the 68800 line. Therefore, if you don't have any short positions, the rebound presents an opportunity to enter. Participate in short positions at the rebound levels of 68200 and 68800, targeting the levels of 67000, 66500, and 66000. Take profits gradually at that time, with a stop-loss set at 69500.

As for the other asset, it is currently quite weak; it struggled to stabilize at 2400 this morning and has come down again. For the rebound at 2420 and 2450, participate in short positions targeting 2360, 2330, and 2300. Take profits gradually at that time, with a stop-loss set at 2480.