In the past week, the price comparison opened high, but after peaking at 110,000 USD, it abruptly stopped. At the beginning of the week, influenced by risk-averse sentiment from the Middle East, it continuously dropped. On Friday evening, Federal Reserve Governor Waller expressed support for a rate cut in July, and in the late trading session, the U.S. market rebounded from its lows, nearly erasing the day's losses. The daily chart has shown a series of long lower shadows, highlighting strong support below. Due to the continuous declines throughout the week, Friday's rebound did not reverse the trend, and the weekly candlestick ultimately closed as a relatively full bearish line.

From a technical perspective, after a significant drop last night, there are no signs of a substantial rebound. The bearish forces have clearly gained strength, and market sentiment is leaning negative. In the morning, there was an alternating cycle of long and short positions, and the weekly rhythm has basically been a pattern of a week of rain followed by a week of sunshine. After a series of returns this week, Friday saw a rebound from the lows, but due to war factors, the U.S. stock market was originally expected to pause, while the price comparison experienced a significant plunge. Market sentiment is still heavily influenced by news, and the daily chart showed a clear lower shadow. Today's strategy remains primarily focused on shorting.

Bitcoin can be shorted around 101,500-101,800 with a target of 98,500.

Ethereum can be shorted directly around 2,250 with a target of 2,150.