There are no stable winners here, only survivors that continually evolve.

Based on the current market situation, the four-hour level shows that after a rebound, the price has once again formed a two consecutive downward trend, and the price is gradually getting closer to the lower Bollinger Band. Although the downward trend has slowed down, considering the previous formations, even if the bulls rebound, it will not change the overall downward trend; the overall direction is still dominated by the bears. From the one-hour level, the market continues to show a five consecutive downward trend, and the rhythm has clearly entered a weak range. The bulls have failed to stir any waves, and the downward space is completely opened; the bearish trend is extremely strong, and there are currently no signs of bottoming out. Therefore, blindly bottom-fishing in the afternoon is not a wise choice; one should follow the trend and align with the bearish direction.

You can short Bitcoin around 112,000, targeting 110,000.

You can short Ethereum around 4,630, targeting 4,500.