At midnight, Bitcoin surged above 100,000, briefly paused, then began a strong drop, falling to around 96,100. This is clearly a washout, and it has now returned to yesterday's starting point. The recent volatility is quite large, so beginners should avoid frequent trading, as it can lead to movements of several thousand points. The most prudent approach is to wait for the market to establish a clear direction before entering, and to take profits promptly when they arise, maintaining a steady approach.

From a daily perspective, Bitcoin has been operating within a range, with overall fluctuations being significant. Currently, it is in a bottom-rebound structure. On the four-hour chart, the highs are clearly moving down, and the lows have approached around 91,100, forming a short-term downward channel. From the one-hour perspective, this is still quite evident, so in the morning, it would be wise to short first.

Short Bitcoin at 98,000-98,500, watch at 96,000

Short Ethereum at 2,745-2,760, watch at 2,670