The market for $ETH continued to decline after yesterday afternoon, and the Bitcoin price rebounded slightly after retreating to the 119,000 mark last night. It reached our expected point again in the early morning. Our long positions have also been exited. Additionally, the short positions around the high have successfully exited this morning. This morning, it again strongly declined, touching the low line of 118,000.

Ethereum retreated to the low line of 4164 last night and rebounded. It reached a recent new high of 4370 in the early morning. This morning, it retreated again by over 200 points, touching the low line of 4185.

All the long positions we set last night have reached the expected points.

Bitcoin long positions gained 1241 points of space, and short positions gained 1689 points of space.

Ethereum long positions gained 170 points of space, and short positions gained 141 points of space.

Again, I want to say: Many people say what they want after the fact and analyze randomly. You might as well take a look at the publicly available real-time strategies online; there are timestamps, and each post is time-sensitive. Please pay attention and keep your eyes open! Recently, the market has been frequently washing positions, and if you're not able to grasp it well, you can also follow me for detailed strategies.

Due to the need for time to correct the indicators, the market is entering a period of adjustment in the short term, and the specific correction form may be a high-level adjustment or a pullback adjustment, depending on the overall dynamics of the market. Currently, the short-term trend of the market leans downward and may be accompanied by multiple peaks and pullbacks. Although there is a correction trend, it is not a one-sided decline; therefore, the overall trend will frequently oscillate. In the shorter cycles, we should mainly focus on the trend of pullbacks. If there is another rebound to a peak, we need to be cautious about the extent of the pullback. For today, we look at a pullback adjustment first, and then layout long positions around the low.

Bitcoin: Long at 118200-118500, target 120000

Ethereum: Long around 4250, target 4350