In the afternoon, we provided early strategies for buying Bitcoin/Ethereum on dips, with buy points around 101500-100700 for Bitcoin and 2510-2490 for Ethereum. Throughout the day, the cryptocurrency prices have been oscillating and slowly declining, with the lowest points reaching the nightmare entry levels around 101500 and 2510. Our long positions have yielded profits of over 1000 points for Bitcoin and 40 points for Ethereum. Congratulations to those who followed the long position strategy.

Returning to the market situation, currently, the KDJ indicator on the daily level is in a high position with a downward cross, and the DIF in the MACD has shown a downward turn indicating a potential death cross formation. The bullish volume bars in the MACD have also started to shrink continuously. On the 12-hour level, a downward rhythm change has also appeared. The Bollinger Bands have touched the middle band, and from the current situation, there is no obvious stop in the short-term bearish trend, and the higher-level market adjustment has not yet ended.

Therefore, for the evening operations, it is recommended to look for short positions at high rebound levels.

Specific points to reference: Bitcoin: 103000-103500 short, target 100700

Ethereum: around 2580-2600 short, target 2500.