The intra-day market has completed, showing two waves of probing highs and subsequent declines, with the evening performance being particularly prominent. The Bitcoin surged directly to 95,500 under pressure, failing to achieve strong continuation, instead experiencing a deep pullback of 2,000 points. Although the evening short signal was not provided in time, the subsequent short-term spot long position suggestions were completely fine, and those who followed along could easily secure over 500 points, if not 900 points. Currently, the price comparison is still continuing to decline. Such fluctuations are not unfamiliar in the cryptocurrency market; the important thing is to adjust one’s mindset, reassess the market, and not exhaust oneself over momentary losses.

From the current trend, on the four-hour line, the previous bearish candle nearly penetrated both the upper and lower bands. Although the overall market structure of high-level fluctuations remains unchanged, this retracement has not damaged the overall bullish trend, and a real reversal is not yet on the table. However, the short-term trend is indeed weak, and this is a point we cannot ignore. In smaller cycles, the bearish volume has increased, and the intra-day rally has given back most of the gains. Technical indicators suggest that there is still an expectation of downward movement, and we will adjust our strategy to wait for the pullback to end before buying again, first observing the strength of the pullback. Ethereum is moving in sync.

Sell Bitcoin at 94,000-94,300, first looking at around 92,700, and if there is a substantial breakthrough, then looking at around 91,600; Sell Ethereum at around 1,770, targeting down to around 1,720.