Waking up to find Bitcoin has dropped 5000 points after the floodgate opened, how many people have been swept away by the flood?

This morning, the news of Israel's strike on Iran caused both Bitcoin and Ethereum to drop simultaneously. Those who shorted yesterday must have profited greatly.

Looking at the daily chart, Bitcoin's decline was rapid, but it hasn't broken below the 100300 level. We anticipated this drop yesterday; whether in terms of strategy or live trading, the focus was primarily on shorting, but we didn't predict such a deep pullback. Currently, the low of the drop is around 102500, and the 1-hour chart appears to be showing a rebound. The chance of breaking the previous low at the close of the 1-hour candle at noon is low.

BTC trading advice: 103190-103690 is a good range to short; protect the downside at 102300; target 105800 with a breakout looking at 107300-108100 (I have already entered at the current price).

ETH trading advice: 2470-2480 is a good range to short; protect at 2425; target 2550 with a breakout looking at 2592-2637.