Good afternoon everyone. The price of Bitcoin rose in the morning to break above 110,000 but struggled to maintain that level, then began to decline under pressure, resulting in consecutive bearish days; our short position laid out during the day was also actively involved, entering short at the 110,066 level and exiting when the price dropped to 109,141, successfully capturing a space of 925 points. Every time the price gives a certain rebound, it presents an opportunity for us to enter short; the market is so changeable and unpredictable, there is neither a continuous bullish nor a continuous bearish trend, and making adjustments at any time is our opportunity. If we follow Brother Nan's strategy and participate without hesitation, we will surely reap great rewards.

The daily chart for Bitcoin shows a small bearish candle closing lower, experiencing downward pressure around the high point of 110,000, which aligns with expectations. Yesterday, we also provided a strategy to be cautious about upward probing. The daily and weekly charts show signs of short-term bearishness, indicating that there hasn't been strong upward momentum to break new highs, currently reflecting a wide fluctuation at high levels, showing a demand for downward pressure. From the 4-hour chart of Bitcoin, we can see that after the price dropped to the 100,305 level, it began to stabilize and move upwards with consecutive bullish candles, followed by slow upward fluctuations leading to a significant rise breaking above the 110,000 level, after which it started a corrective trend. From the 1-hour chart of Bitcoin, the top is difficult to support, and the price has already shown consecutive bearish movements downward, making the bearish outlook for the future increasingly clear.

In the afternoon, we could enter short positions for Bitcoin between 109,300-109,800, targeting around 108,000; for Ethereum, we could enter short between 2,680-2,710, targeting around 2,550.