Summary for the 27th
Today's overall strategy is to short on rallies.
We previously advised: during the rebound near 89,000, establish short positions, and also clearly indicated that a short-term rebound would occur.
Near midday, Bitcoin reached a high of 88,983, just one step away from the target of 89,000, then retraced about 1,200 points.
In the evening, the market experienced another rebound, but ultimately closed lower, with a drop of about 800 points.
The entire trend is completely consistent with Silk Road's forecast.
All considerations, judgments, and arrangements regarding the market
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