In the morning, we laid short positions in Ethereum, successfully capturing a stable 75-point gain, and once again secured nearly 1.4WU. For this kind of market, the bearish trend continuously provides us with opportunities, with downward space constantly opening up. Stay close to the market and catch every wave of entry opportunities. It's that simple to go with the flow of the market. Those who watch from the sidelines will always only see others catching fish.

Now, the downward momentum is becoming more and more apparent, with prices consistently declining and previous lows being broken. The overall bearish direction is very clear. Around the position of 4100, there is some resistance, and the bearish forces are continuously trying to break through this threshold. However, recently there have been signs of a rebound, which gives us new operational space. Overall, the current market is still dominated by bears, and we can pay close attention to the opportunities brought by short-term rebounds.

Bitcoin short in the range of 113300-113500, target 111500

Ethereum short in the range of 4130-4150, target 4000

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