Affected by morning market news, the market has experienced a sharp decline. The price of Bitcoin hit a low of around 103150, while Ethereum also dipped to a low of around 2492. Although there were minor losses in short-term rebound operations, Xiao Ge's bearish strategy this morning has been validated, and the bearish sentiment in the market has been fully released. However, from a technical perspective, after the impact of the news is digested, the market will ultimately return to a rational trend. After the current round of deep correction is fully released, it is recommended to appropriately position for a rebound market and seize the opportunities brought by price recovery.

Bitcoin: Buy around 103500-103000 with a short-term target of 106000

Ethereum: Buy around 2500-2515 with a short-term target of 2650