$BTC The fluctuations in the cryptocurrency market are a test of the spirit. Every rise and fall is a step towards growth. Do not be swayed by fear and greed; stay calm, and you will find that wealth is waiting for you not far away.

Looking back at the afternoon and later, the coin prices also showed a downward trend, peaking at 116000 before the bulls paused, continuing to decline to 114000 before fluctuating and rising. It is currently stabilizing around 115000, with Ethereum moving in sync with Bitcoin, peaking at the 3720 area before pulling back to 3584 and currently stabilizing around 3630. During the afternoon, Teacher Daobao set up short positions for Bitcoin and Ethereum at 115810 and 3717 respectively, successfully exiting at 114622 and 3625, securing a profit of 1188 points for Bitcoin and 92 points for Ethereum.

From a 4-hour perspective, the current price is near the lower Bollinger Band, indicating that the market is in a relatively weak state. Recently, the K-line has mainly been bearish, especially with consecutive long bearish candles, showing that the bearish forces are dominant in the short term, pushing the prices down continuously. Although there are occasional bullish candles during the price decline, the bodies of these bullish candles are generally short, indicating that the bulls are trying to resist but with limited effectiveness, making it difficult to change the short-term downward trend. The evening strategy can also revolve around short positions.

Bitcoin suggestion: short near 115200, target 114000

Ethereum suggestion: short near 3630, target 3550