$BTC A new day, good morning everyone. Looking back at the overall market trend in the early morning, the price of Bitcoin continued to pull back and reached a low of 112301 before rebounding. In the early morning, there were multiple upward movements, peaking at 114440. Ethereum pulled back to around 4104 last night and rebounded, reaching a high of 4371 in the early morning under pressure. Unfortunately, the bearish outlook given at midnight yesterday was unfortunately stopped out at a loss.

After the price dipped to 4104, a rebound was also given, and the current price has already rebounded and broken through the 4300 level, and this rebound is still continuing. This trend perfectly aligns with my previous thoughts indicating that there is a significant rebound demand in the current market. Although the hourly line has successfully broken through the mid-track, the larger structure has not shown significant changes. The current rebound is still a technical correction following a substantial pullback in price. Our current thinking remains unchanged; we will plan short positions around the rebound to the high point.

Bitcoin: Short at 114800-114600 Target 112500

Ethereum: Can short around 4370 Target 4230#加密市场回调