Afternoon analysis indicates that the current bullish trend has temporarily come to an end. The short positions set up yesterday have successfully taken profit, and it is recommended to continue shorting! Short Bitcoin at 116000-116500, with a target of 114500-113000, and short Ethereum at 4340-4380, with a target of 4250-4200. Currently, the market is declining again, and unfortunately, Bitcoin could not be entered, but Ethereum has again achieved precise profit taking!

Trading Philosophy: Look at trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily level closed with a bearish candlestick near 116,100. The Bollinger Bands continue to run flat, the MACD moving averages continue to trend downwards, bearish volume continues to increase, and the KDJ has started to trend downwards. At the 4-hour level, the Bollinger Bands continue to open downwards, the MACD moving averages continue to trend downwards, bearish volume continues to increase, and the KDJ line is trending upwards;

For Ethereum, the daily level closed with a bearish candlestick near 4,310. The Bollinger Bands continue to narrow, the MACD moving averages continue to trend downwards, bearish volume has started to increase, and the KDJ line has started to trend downwards. At the 4-hour level, the Bollinger Bands continue to open downwards, the MACD moving averages continue to trend downwards, bearish volume continues to increase, and the KDJ line has started to trend upwards;

Currently, this bullish market has temporarily come to a halt. The short positions set up yesterday have also successfully taken profits, and it is advised to continue shorting!

Operation Suggestions: Continue to short!

Short Bitcoin at 116,000-116,500, target 114,500-113,000, stop loss at 117,500;

Short Ethereum at 4,340-4,380, target 4,250-4,200, stop loss at 4,420;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!
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