To be honest, are there many people bottom fishing right now? Frankly, in my personal opinion, we haven't hit the bottom yet. The current market sentiment for bottom fishing is high, which is not a good sign. The current recovery is merely a recovery pattern after a significant drop, and the temporary rebound is just a rise in market sentiment. Of course, in the market's game, the only certainty is uncertainty itself. When one excessively attempts to capture so-called 'certainty', they often fall into the trap of market sentiment manipulation.

Currently, on a larger scale, last week's K chart is still dominated by bears, with the weekly K showing a full bearish candle. Meanwhile, on the 4-hour level, the K line has stabilized and rebounded from the lower track, but one tree can't make a forest. This morning's rise ended with a single bullish hour, and a truly strong market must have continuous bullish candles. Currently, on the hourly chart, the price is under pressure at the middle track, showing small bearish candles. We need to pay attention to the short-term resistance at 102300, which can also be seen as the line dividing bulls and bears for the day. As long as we don't stretch and stabilize at this position, we can continue to participate in short positions. (As a reminder, if it breaks and stabilizes, it is highly likely to spike up to around 103400-104300, resulting in a double kill for bulls and bears, after all, the market often does this.)

Bitcoin: 101500-102300 Short Target 98000/96800/95600

Ethereum: 2250-2260 Short Target 2180/2145