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Recently, the market for Bitcoin and Ethereum has continued to decline, and this falling trend may persist for some time. Although there has been a slight pullback after two consecutive days of decline, it does not mean that the overall trend has reversed. It is expected that in the coming week, the Crypto Assets market may still face further falling pressure.
For Ethereum, consider shorting in the range of 3560 to 3670, with a stop loss set at 3700. For Bitcoin, you can short in the range of 115000 to 116500, with a stop loss set at 117000.
However, investors need to be cautious about the current market and it is not advisable to blindly chase after bullish trends. Market trends are influenced by multiple factors, including but not limited to the global economic situation, regulatory policy changes, etc. Before making any investment decisions, it is essential to conduct thorough research and risk assessment.
It is worth noting that the Crypto Assets market is highly volatile, and price changes can be rapid and severe. Therefore, even with short-term predictions, it is necessary to stay updated on market dynamics and adjust strategies promptly. For novice investors, it is recommended to first learn relevant knowledge and understand the importance of risk management before entering this high-risk market.