The afternoon market continues to correct, and the bulls have not risen. Large sell orders from major players have been executed, leading to a rebound in the market. Bitcoin has dropped to around 105,500, and Ether has fallen below 2,550.

Currently, all indicators on the hourly chart are extending downward, showing clear short signals. The short-term market is highly volatile; yesterday's rise was followed by today's pullback from the market makers, leading to a double wash. This evening, pay attention to 104,500/2,500. If the decline continues, the market will further test the lower support levels. Recently, short-term fluctuations need to be watched, and position management is essential.

This evening, Yumi looks to rebound downwards.

Bitcoin

Target for shorts 105,600-105,800 is 104,500-103,800.

Ether

Target for shorts 2,550-2,580 is 2,520-2,480.

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