The current market situation shows that the market has broken several times, the adjustment has intensified, and the rebound strength is weak and difficult to sustain, repeatedly under pressure within a downward trend. The bullish camp has failed to quickly organize an effective counterattack, and the rebound strength is obviously insufficient, indicating an increased possibility of further breaking through the support level below. From a technical perspective, the high points continue to decline, the key support level has also been lost, and the adjustment lows continue to probe downward, suggesting that the adjustment cycle has not yet ended, and the market is still in the process of finding a bottom. Therefore, the current strategy should focus on shorting during rebounds and patiently waiting for the market to adjust to a suitable level.

Operation Suggestions:

Short near 92000 for Bitcoin, target around 90000

Short near 3150 for Ethereum, target around 3000

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