The afternoon market sentiment is oscillating and adjusting, with relatively small price fluctuations. The oscillation continues. We are currently shorting at high positions in the real market until now, where the bullish volume has increased, and the price has given some rebound. The bullish volume has not ended yet, and the short position remains in the market, with the price running around 94700. We will choose the right time to exit later. Ethereum is developing synchronously and is also in a rebound at present.

From the current trend, the four-hour price ratio has tested the previous high, seemingly having the momentum to break through the previous high. The previous adjustment has formed a staircase at this moment. Given that the 95000 pressure zone is too strong, Friday evening is a particularly volatile time, and we do not recommend chasing highs at this moment. Attention should be paid to the existence of the 95000 pressure zone. The hourly line shows bullish volume, with a large bullish candlestick breaking directly through the upper track attempting to test the upper pressure, which has not yet succeeded in the short term. It is suggested to remain cautious and wait for clarity before proceeding with the strategy. Watch for the impact of the US stock market opening on the price ratio.

If the Bitcoin price does not break 95000, we will directly enter short positions. Substantial breakthroughs should follow the trend lightly and go long.

Ethereum is proceeding synchronously, paying attention to the position of 1838.