On Thursday evening, Bitcoin experienced a strong downward movement, with the price dipping from a high of 105032 in the afternoon to a low of 104021 before halting. Ethereum followed Bitcoin's lead, with the price retreating from a high of 2544 to a low of 2490. Although the intraday fluctuations were not significant, Victory continued to lead the students in precise control. The Ethereum short position established in the morning was entered around 2543 and exited around 2513, achieving a 30-point gain. The Bitcoin short position set during lunch was entered around 105125 and exited around 104608, securing a 500-point gain. In the afternoon, a long position in Ethereum was entered around 2519 and exited around 2544, yielding a 25-point gain. In the evening, both Bitcoin and Ethereum short positions were simultaneously established, entering around 105009 and 2543 respectively, and exiting around 104112 and 2493. The Bitcoin short secured a 900-point gain while the Ethereum short achieved a 50-point gain. The total gain from two Bitcoin shorts throughout the day amounted to 1400 points, while the two Ethereum shorts and one long totaled a 105-point gain.

According to the current market situation, the four-hour level shows a downward trend with intermittent rebounds, as the price gradually approaches the lower Bollinger Band. Although the overall trend is relatively slow, the bearish momentum is clearly greater than the bullish. The overall market structure leans towards a weak shape. From the one-hour level, after breaking through the lower Bollinger Band with five consecutive bearish candles, there was a slight bullish rebound, but the desire for rebound is not strong. The MACD indicator's dual lines have formed a dead cross and are diverging downwards, with the histogram gradually expanding below the 0-axis, indicating that the overall trend has entered bearish control. Therefore, for midnight operations, we will continue with a high short strategy.

Bitcoin can be shorted around 104600 with a target of 103000.

Ethereum can be shorted around 2530 with a target of 2450.