1. The overall environment is in conflict.

- Interest rate cut expectations (bullish) vs tariff inflation (bearish).

- Institutions are selling while buying the dip, playing both sides.

2. Bitcoin's current situation.

- Stuck in the range of 112,000-116,000, hesitating.

- Short-term is weak, but don't rush to pass the death sentence.

3. Ethereum is more exciting.

- Once it drops below 3700, large funds will sweep in.

- Currently playing a back-and-forth between 3500-3700.

- Wild swings are the norm; if you have a weak heart, don't play.

Trading Advice

- Short-term: Both long and short can be played, but must have stop losses.

- Long-term: Now it's about who can endure longer, hold onto positions and wait for an explosion.

- Key Point: Don't get shaken out by the volatility; big trends often emerge after despair.

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