$BTC In the cryptocurrency world, stopping losses isn't "giving up," but rather proactive risk management. It's like a seatbelt in a car: you might not feel it working normally, but it can be lifesaving in critical moments. A good trader isn't always right, but rather someone who can minimize losses when they're wrong. Always remember: the market isn't short of opportunities; what's lacking is the capital to capitalize on them. Many investors, facing losses, dream of "holding on to their losses," only to end up deeply trapped or even wiped out. In the cryptocurrency world, in addition to having a keen eye for the market, it's also crucial to find a professional; after all, every profession has its own expertise.

The intraday high followed a rapid decline. The current gains aren't genuine gains, but rather a false rebound, making them prone to declines. The short-term structural characteristics are clear: the rally has failed to generate sustained momentum, instead repeatedly rising and then falling. The recent market trend demonstrates a typical pattern of rapid bull-bear rotation—when gains stagnate, they fall back, and when declines don't continue, they rebound, with repeated market swings and a rapid pace. Therefore, simply approaching the current market with a unilateral trend approach can easily put one in a passive position. Multiple recent upward attempts have failed to achieve a meaningful breakthrough or stabilize, and a deep pullback is expected. We recommend a short-term short-term strategy and caution in participating in rebounds.

Bitcoin is open for shorts around 114,500-114,800, with a target of 113,000. Ethereum is open for shorts around 4,350-4,380, with a target of 4,250.