Strategy lies in precision rather than quantity. The tone for this morning has been set very clearly: first, we look for a downward pressure reversal. The four-hour level has already reached the upper pressure point, and without a breakthrough, we will certainly first look for a wave of pullback. The subsequent trend is also consistent with this thought process, with a slight rebound to our short entry point, and then it has started to pull back all the way. We are currently near the expected take-profit point, so everyone can reduce their positions as they see fit.
Today, the daily candlestick for Bitcoin is once again a bearish pillar, and the signs of pressure are quite evident. With the intensification of selling pressure, the hourly trend is also showing signs of divergence. What we need to focus on now is whether the short-term support below can hold. Under the continuous testing by the bears, once it breaks, it may have to test the 110,000 level. As always, the trend remains unchanged, and the direction does not change. Just remember to maintain your defense.
Bitcoin short at 113,700, watch 112,000.
Ethereum short at 4,290, watch 4,200.