In the early morning, the price comparison plummeted by 5,000 points in a one-sided waterfall, with strong momentum and a significant range, retreating to a low point around 102,600. Recently, Feige has been focusing on a high-altitude strategy, and I believe many who joined in have benefited. Ethereum has also followed the same trend as Bitcoin; it rose and then fell back down. Currently, it has retreated to a low point around 2,433. If you still don't know how to manage the overall situation, feel free to come and discuss with us in detail; perhaps we can hit it off.
Looking at the current market, Bitcoin is showing a three consecutive bearish trend on the daily chart, with the upper track breaking through the middle track and weak signs of rebound. The larger trend has shifted, and with current turbulence in the US market, the bull market seems to have ended. In terms of news impact, blindly chasing after a price increase is absolutely not advisable. The four-hour structure indicates a continuous one-sided downward trend. Currently, the K-line has formed a longer lower shadow, indicating that there is still space to test downwards, and previous low points remain evident. It is recommended to continue holding a bearish outlook around the next low point, with a target of breaking 100,000 and looking further down.
For Bitcoin, short positions can be taken at 103,800-104,300, targeting around 102,000. For Ethereum, short positions can be taken at 2,490-2,520, targeting near 2,400.