Good afternoon, the morning market has once again completed its cycle, with Bitcoin slowly rising from the 93445 line to around 94800. It is currently oscillating and consolidating within this range, and is in a short-term pullback in the market. Overall, the market is still moving according to our expectations. By being timely and adaptable, our short-term strategy has led our students to successfully capture nearly a thousand points of opportunity. The market is indeed that manageable; did everyone catch this wave of movement?

From the current market perspective, the four-hour chart shows that Bitcoin's candlestick has closed positively, with a medium positive candlestick accompanied by a long upper shadow, indicating heavy selling pressure above. The price is bouncing from the bottom, but the rebound strength is not significant, overall showing a downward trend, although the movement is relatively slow. It is still regarded as a temporary correction phase in the market. Although the current price is operating near the lower Bollinger band and the Bollinger bands are opening, this pullback reveals the weakness of the bullish momentum, which has failed to provide a strong rebound. All of this indicates that the market will further decline; looking at the one-hour level, the price is wandering between the middle and lower Bollinger bands, which are becoming parallel. Given this market condition, we will continue to maintain a bearish view on the rebound and conduct operations accordingly today.

Bitcoin can be shorted tonight in the range of 94800-95300, with a target near 93500; Ethereum can be shorted tonight in the range of 1830-1860, with a target near 1750. #比特币 $BTC