After a certain rebound in the market, we are looking at shorting Ethereum after a round of fluctuations. The analysis has already been shared with everyone. Bitcoin and Ethereum have been moving in a similar manner recently. We directly entered a short position around 103734 for Bitcoin, and the market has indeed shown downward pressure as expected. However, after Ethereum left the market earlier this morning, our Bitcoin position was still far from enough, and there is still a need for a downward pullback in the short term. We will continue to hold, and when it drops to 102527 around noon, which is close to our entry point for a long position, we will choose to exit, realizing a profit of 1207 points. This is the charm of practical guidance; with expectations in mind, there can also be unexpected gains. How did everyone perform in the live trading session? Did you have any pleasant surprises?

Bitcoin is still experiencing a continuous decline, having directly fallen below our entry point for a long position earlier in the afternoon. Currently, we are not in a hurry to enter the market; we will watch while we act. After exiting the short position, we will analyze the current market again to find an opportunity to enter. Bitcoin is currently in a medium bearish K-line, testing the previous support at the low point, which is around the 100678 line. Since a previous spike down, we can expand the support to the 100678-101400 area, which is the first support level. As long as this level holds, we will still look for long positions; although Ethereum is also slowly declining, the bullish performance remains strong. The low point tested in the early morning at around 2545 has not yet been broken, and it has once again turned into a sideways consolidation structure in a smaller timeframe. Thus, we can see that the overall trend is still predominantly bullish, and Bitcoin only shows temporary signs of a breakdown. As long as we hold this level, we still look bullish; conversely, if the key support below is broken, the trend will determine the direction of our decisions. All operations will be primarily based on practical guidance.

In the afternoon, Bitcoin can be bought around 102000-101700, targeting near 104000; Ethereum can be bought around 2570-2550, targeting near 2700.