In the cryptocurrency world, it's not just about technology, but also a battle of mindset. Market fluctuations, emotional ups and downs, the pull of greed and fear determine the success or failure of most people. Those holding onto losing positions are desperately clinging on, while those with winning positions can't hold on—this is the current state of most people. Starting this week, Old Chen has repeatedly mentioned high-altitude operations. Every rebound is a good opportunity for us to enter shorts. We remain firm in this approach and have not been shaken out by the brief corrective rebounds. The recent market rhythm has also been relatively regular, with daytime trading moving upwards and recovering, while evening and late-night trading sees declines, forming a cycle. In the early morning, after the big coin touched the resistance level of 112897, it came under pressure and fell to 108559, refreshing recent lows. In the morning, we firmly held a short position near 110196, and the morning target was successfully hit at 108860, gaining 1330 points. Two short positions were set for Ethereum, with a short position at 4387 in the morning, capturing a space of 36 points.

Currently, the market shows that the daily chart for the big coin is forming a three consecutive bearish pattern and is operating below the middle track. The overall situation shows that bullish sentiment is low, and there's a trend of the market's dominance falling back into the hands of bears, with expectations of entering a new adjustment cycle. After intense fluctuations and battles between bulls and bears over the past few days, the market ultimately returns to a downward trajectory, and the bearish trend on the daily chart continues to deepen. On a short-term level, weakness is evident, and the trend of accumulation of weakness is difficult to reverse quickly. Even if there are signs of a rebound in the short term, it cannot change the rhythm of the bearish trend. Therefore, it is still recommended to enter positions predominantly short and follow the footsteps of the bears, waiting for the market to further decline and adjust.

On Tuesday afternoon, short positions can be taken near 110000-110500 for the big coin, with the initial target focusing on 107000.

For Ethereum, shorts can be taken near 4420-4440, with the initial target focusing on 4300$BTC .