In the daily chart of the pancake, on the 22nd, the price surged to around 117400 and then fell back, leaving a long upper shadow, indicating that there were particularly many sellers above, leading to heavy selling pressure. By the 23rd, the daily line closed with a bearish candle, and the previous adjustment continued to move downward.

Looking at the 1-hour chart, the recent fluctuations have decreased, and the candlesticks are oscillating within a small range. The level of 115660 has held several times during declines, providing temporary support, but each rebound has lacked strength and hasn't risen much. Additionally, in the 1-hour chart, the DIF and DEA lines have both diverged downwards, indicating that bearish sentiment is more dominant in the short term; the MACD red bars on the daily chart have also become shorter, suggesting that the bullish strength is weakening.

Operational advice:

BTC 116500-116000 short, target 115000-114000, stop loss at 116700.

ETH 4750-4720 short, target 4600-4500, stop loss at 4780.