$BTC thought it was the bottom, but there are still eighteen layers below; thought it was the top, but there are still nine layers above. When prices rise, there’s always a feeling of being under-invested, and when they fall, one realizes the burden of being over-invested. Holding onto assets disrupts sleep, while being out of the market brings unease. Today's Bitcoin price movement is thrilling, with a sharp decline piercing the 116000 support in the morning, followed by a rebound after probing the bottom at 114700 in the afternoon, currently oscillating around 116200, showing characteristics of 'sharp decline followed by gradual recovery.' Ethereum's movement is highly correlated with Bitcoin, but its volatility is relatively converging. The morning saw a synchronized decline with Bitcoin, falling below the 3600 mark; in the afternoon, it rebounded with the overall market to oscillate around 3630, presenting an overall 'weak upward trend' characteristic, with bulls showing clearly insufficient initiative. The high sell-low buy strategy suggested by Yunlu today successfully captured nearly 6300 points in Bitcoin, with Ethereum gaining a total of 330 points.

From the four-hour technical analysis perspective, the bearish signals are quite clear, with a big solid bearish candle directly piercing through previous support, and the decline accompanied by multiple 'spike' actions, testing the strength of the 114700 support below, reflecting that bearish strength is gradually penetrating the market, and bullish defenses have consecutively failed. The Bollinger Bands indicator shows a clear sign of downward opening, with the distance between the upper and lower bands continuously expanding, indicating that the price volatility is further intensifying, and the pace of trend momentum is now open, leaning towards a bearish dominance in the short term. Ethereum also shows bearish tendencies, with its price breaking below the lower end of the previous oscillation range at 3600, and the rebound failing to effectively recapture this position, indicating that this price level has transformed from support to resistance, undermining bullish confidence. Bearish volume continues to accumulate, and short-term upward space is blocked. The operational strategy suggests focusing on high shorts. The current market is overall at a trend conversion node, with significant divergence between bulls and bears, necessitating close attention to whether Bitcoin can stabilize at 116000; if this position is lost again, it may trigger a new downward trend.

Bitcoin suggestion: Short around 116500-117000, target 113800. Ethereum suggestion: Short around 3645-3665, target 3500#GalaxyDigital抛售比特币 .