7.24 Early Morning Thoughts

A large bearish candle appeared on the 15-minute chart, and the current downward sentiment is dominant. Yun Yue suggests a bearish outlook.

Bitcoin: Short around 118000-118500, target down to 117000-116500. If it breaks through, continue to short; otherwise, align with the trend to go long.

Ethereum: Short around 3600-3630, target down to 3550. If it breaks through, continue to short; otherwise, align with the trend to go long.