The afternoon trend continues to exhibit a weak pattern, with the market experiencing another round of downward fluctuations after a brief rebound. In the evening, it touched a low of 103750 and stabilized; currently, it is showing a technical rebound, oscillating around the 105000 level. Ethereum is also mirroring the Bitcoin trend; after breaking below 2500 in the evening, support emerged, and it is currently consolidating in a narrow range around 2520. We adjusted our strategy in the afternoon to a bearish outlook, and in practice, we also positioned ourselves for short trades. Bitcoin entered at 104806 and exited at 103835. How is it? Although the direction changed, it was our timely adjustment that allowed us to seize more opportunities; trading requires flexibility. The current market sentiment is clearly cautious, and it is expected to wait for the evening interest rate decision before breaking out in a new direction.

From the current trend, there is obvious pressure near the 105500 level, with a pullback to the 103700 level halting the decline. Structurally, it remains within a range-bound oscillation. On the four-hour chart, the K-line has consistently oscillated around the middle to lower track, with the morning's upward movement being retraced in the afternoon, and the intention to probe lower is intensifying. Although bottom support is relatively strong, the selling pressure above remains heavy, and the height of the rebound is limited, making the bearish trend gradually clearer. In the evening, the main strategy will be to short on rebounds. If there is a substantial breakout above 105500, a reversal may be considered.

Short Bitcoin near 105500, target around 103500; Short Ethereum near 2550, target around 2450. #我的交易风格 #BTC #以太 $BTC $ETH