The bearish outlook provided yesterday was once again accurately captured. Bitcoin's lowest point last night retraced to around 102591, and then faced resistance again below, which aligns with our intraday expectations. Given the weekend market was relatively slow, it maintained a range structure, with short-term fluctuations. Currently, it has risen to around 103600. This bearish trend, even without discussing a thousand points, has a space of several hundred points that can be seized. Currently, it is very easy to grasp short-term positions.

Bitcoin has once again shown a bottoming rebound pattern, with yesterday's candle closing with a significant lower shadow, and today it continues to show an upward trend. Currently, the daily candlestick is a small bullish K-line pointing upwards; Ethereum has retraced to a low point and is facing strong support below. Previously, it experienced four consecutive bearish days, continuously probing lower, returning to the same rhythm as Bitcoin, also showing a bottoming rebound. Currently, it is undergoing upward fluctuations and corrections in the short term. In the 4-hour chart, Bitcoin has not moved down to lower points, but provided a rebound upon reaching the lower part of the mid-band, indirectly indicating strong buying pressure above. However, it still cannot show a strong one-sided movement in the short term, and is currently in a tug-of-war between bulls and bears. The hourly chart is currently in a narrow range of fluctuations, and short-term operations should still reference the high and low points of the range.

Bitcoin can be shorted around 104000, targeting 102500, while Ethereum can be shorted around 2530, targeting 2440.