Bitcoin broke 106,000, and the medium-term short position near 108,600-108,700 from last night can continue to be held. I won't say too much about the others; there's no need for more words. I also posted a message and a video in the morning, stating that if you want to reduce or close your short position for a short-term gain of 2,000-3,000, it's okay to hold the short position for the medium to long term at this level; otherwise, it will be hard to wait for such a good price above 108,000 for short positions again. The intraday rebound continues to be short.

Below, we pay attention to the support area of 105,000-104,800 from yesterday morning's pullback. If it strongly breaks down again, let's see if we can have a drop of more than 5,000 points today, directly plunging below 102,000.

Above, 106,500 has again become the key resistance for the rebound. Those without positions can continue to short based on the resistance below 106,500. Currently, the daily chart shows a death cross, and today’s 1-hour and 4-hour charts are steadily declining. So for those wanting to short tonight, there's no need to wait for a large rebound; you can directly continue to short around 106,000-106,400. Those with short positions wanting to add or have already reduced can also continue to short on the rebound.

Ethereum has made two trades from yesterday morning to today: a long position at 2,520 yesterday morning and a short position at 2,640-2,650 last night, both of which were very good. So for Ethereum, continue to short around 2,580-2,600 for the short term, with a stop loss at 2,630 and a target of 2,510-2,480.