Now updating the latest market situation, after breaking 3900 it dropped to 3880,

then rebounded to 3935, and now it has broken 3900, even 3930, so we can now regard 3930 as a dividing point.

If it goes lower, we can see 3760 to 3730.

Then if there are short positions, they can reduce their holdings at this price

and enter a long position at 4030 to 4070.

If it only goes near 3850, then today it might break down once more to around 3960.

If it doesn't break 4000,

there's also a chance it can go down to 3500-3300.

I personally still see more bearish sentiment at the moment, and I am currently shorting near btc 117500 and eth3920.

If trading in a large range, one can choose to trade around 3750 and 4050.

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