The price of the currency surged strongly today from the early morning, probing the 106074 line before rebounding and dipping to around 105000, continuing to oscillate and adjust. During this time, the price rebounded to around 105811 at its highest. We placed short positions around the two peaks, entering at 105914 in the morning for a gain of 947 points and at 105770 in the afternoon for a gain of 1016 points. As the market experiences large fluctuations, we need to remain doubly calm and rational at all times, not swayed by temporary ups and downs, patiently sticking to our strategy and waiting for the right moment, as true opportunities are often hidden behind the waves and noise.

On the daily chart, yesterday's large bullish candlestick recovered all the space lost during the wide oscillation and decline of the previous days, with strong bullish momentum released. Although this round of rapid increase has regained the highs of the previous days, the overall trend still remains in a downward consolidation. The weekly candlestick shows signs of maintaining a weak correction, though the short-term rhythm is relatively slow, first oscillating and then trending. Oscillation is a process for building momentum for a trend, and the overall trend remains a slow downward oscillation. On the four-hour chart, after the price rose, it went through a consolidation and correction, forming a small bullish doji followed by a small bullish candlestick. The long upper shadow indicates that the pressure above is significantly stronger than the support below, and bullish momentum has clearly weakened. Currently, the $ trend has given a strong short signal, and we only need to follow the trend for future trades.

For Bitcoin, short positions near 105500, watching 104000; for Ethereum, short positions in the 2430-2450 range, watching near 2350.