Wednesday, Prepare for the Fed, Long-term Short Positions Ready to Enter

As the Middle East situation has once again severely disrupted the Federal Reserve's inflation-fighting process, the 2 AM Federal Reserve interest rate decision announcement has become even more crucial. The market has lowered the probability of rate cuts to nearly zero, with futures pricing indicating that the earliest the Fed would consider cutting rates is September, or even October, with only one cut expected for the entire year.

Tonight is the opportune moment for us to begin arranging long-term short positions. Bitcoin is currently oscillating around the 74000 level, with upward momentum showing signs of slowdown. Notably, since retreating from the previous high of 76000, it has failed to reclaim that territory. Therefore, we will carry out shorting to the end.

In yesterday's article, I already explained very clearly why we are reversing course to short at this time. Chasing highs now is equivalent to licking the blade—extremely risky. Market sentiment is weak, and the war factor is like a land mine ready to detonate at any moment. Once large capital outflows occur, it will easily trigger panic selling and market crashes. One word: boldly "short."

Long-term Layout:

Bitcoin: Short in batches from 75000-76000 with light positions, reserve additional positions above 78000 for averaging down, target around 65000

Ethereum: Short in batches from 2355-2400 with light positions, reserve additional positions above 2520 for averaging down, target around 1950

Seven years in the market, witnessed two bull-bear cycles, a pioneer in trend analysis, and a guide in live trading. Those in the know understand!