The volatility of the shorts is truly hard to describe. There wasn't much movement overnight, and it was only when waiting for the morning's daily crossover point that a certain depth of pullback occurred, with the lowest pullback down to around 103800 before stopping. Ethereum continues to follow Bitcoin's footsteps as always, with the morning's lowest retracement down to around 2460 before stopping. The market's situation is also in a recovering pattern, showing a structure of oscillating upward. After our substantial short position was averaged down, we gained over 800 points of space, while Ethereum gained nearly 50 points of space. Overall, there are gains, but being lured into shorts by the non-farm payrolls' negative news is indeed uncomfortable. Fortunately, it hasn’t resulted in a major mistake. With the weekend approaching, market trading is slowing down, and it is still recommended to focus on short-term operations during the weekend.

The daily line turned bullish and fully recovered the losses from the previous day. After closing the day, it continues to extend towards the bulls, presenting a tone of bull recovery. The Bollinger Bands show a flattened structure, indicating that the lower track at the bottom is currently a strong support. The market's failure to break down further indicates that the bottom has currently held, and this round of pullback has ended. Looking at the four-hour chart, the current K-line has recovered, although it has not broken through the upper high point's resistance. However, the retracements are currently maintaining the midpoint of the bull-bear dividing line, and the three lines of the Bollinger Bands show signs of flattening. The KDJ indicator's fast line is in a top-touching structure. However, with the trading slowing down for the weekend, it is currently in a strong correction technique of time-for-space exchange. The overall direction can maintain a bullish approach, but for the weekend's trading, it is still advisable to adopt a cautious, oscillating mindset.

Bitcoin can be shorted in the range of 105000-105300, with a focus on around 104200. After retracement, more long positions can be entered. Ethereum can be longed in the range of 2460-2480, with a focus on around 2550. #BTC