The market completed another round on Monday, and we achieved great success again. Although the market moved slowly, we managed to grasp the rhythm of each wave effectively. Let's briefly review yesterday's market; in the morning, the price experienced a slight drop, falling from above 95000 to around 94000. We first shorted Bitcoin, then continued to suggest a rebound followed by shorting. The morning market moved as we expected, rebounding to around 94700 before the price explored lower again, hitting a low of 93445. Our Bitcoin short again captured a thousand points of movement. The afternoon market began to rebound and correct, and in the later hours, it fluctuated slowly downward. Our bearish outlook remained unchanged. Although the evening market did not fluctuate much, it also showed a slow downward trend. After our Bitcoin short captured another thousand points, it brought yesterday's market to a perfect conclusion.

Bitcoin’s daily chart showed a wave of probing high and then a pullback. The two consecutive bearish candles combined with a large bearish candle’s body downward expelled all the previously gained space. Both the downward probe and the rebound from yesterday did not see effective continuation, resulting in a daily candle forming a bearish doji. Ethereum showed the same pattern. Currently, the daily chart still has a demand for a short-term downward adjustment, and the trend has not changed; from the 4-hour chart, the Bollinger Bands have already turned downward, with prices falling from the upper band to the lower band in just two days. The beginning of the week continued the trend from the end of last week, fully opening the downward channel. The next target is the low point of last week’s range, around 92700. We are looking to see if the price can reach this point for a strong rebound, creating another upward momentum. In the early hours, we continued to focus on the bearish trend, operating by first looking for a rebound and then shorting again.

Bitcoin can be shorted in the range of 94100-94500, targeting around 92000; Ethereum can be shorted in the range of 1800-1830, targeting around 1700.