Loss is not the end, but the starting point of transformation. In the words of Kostolany, 'A speculator can lose 49 times in 100 trades, but as long as they are correct 51 times, they can succeed.' May you turn this moment of low into a stepping stone to reach the peak, returning to the battlefield with a stronger posture. Bitcoin started a technical correction from a high of 110256 in the morning session, stopping at the 108950 level. In the evening, influenced by the CPI data exceeding expectations, market risk preference quickly switched, pushing the price to strongly rebound to around 110350. Currently, both bulls and bears are consolidating around 109500. Ethereum oscillated down from 2834 in the morning, forming a daily low at 2753. After a rebound driven by news, it surged to a high of 2879. The bearish outlook of the day has space for profits, with the first short position set at 110100, which was closed at 109250, capturing a space of 850 points, strictly following the trading discipline of shorting at resistance levels and perfectly executing the pre-set trading plan. For short-term operations in Ethereum: The morning short at 2823 was closed for profit when the price touched the support line at 2778, gaining 45 points. In the afternoon, a second short position was entered at 2798 and closed at 2761, gaining another 37 points. During the US trading session, a short at 2775 surged unexpectedly. Although tactical replenishment was made at 2790, it ultimately exited due to the price breaking through 2860, regrettably stopping loss at 85 points.

From a technical perspective, the current market is facing multiple pressures, and the risk of short-term adjustments is accumulating. In the 4-hour trend, the momentum indicator MACD histogram continues to shrink, with the fast and slow lines about to form a death cross. The KDJ indicator shows a three-line death cross at a high position, diverging downwards, and these oscillation indicators are all sending clear signals for a correction. Observing the daily level is even more severe, as technical indicators show serious overbought signs, indicating that the market's overheating status urgently needs correction. From the Bollinger Bands indicator, the price has been running close to the upper track and has begun to fall back. The upper track pressure continues to suppress the price's upward space, and the trading volume has noticeably shrunk, showing that bullish momentum is weakening, maintaining a bearish outlook in the early morning.

Bitcoin: Short near 109600-110100, short-term target 108000

Ethereum: Short near 2870, short-term target 2760