Bitcoin hits a new high, Ethereum follows with a crazy rebound. How should we layout the market going forward?

Bitcoin faced resistance and fell back near 118,800, with the price adjusting to a low of about 116,800 during the day, followed by further oscillation. The main force in the market is bullish, and after a significant rebound, the bearish trend will certainly be released in the future. The upper resistance of 120,000 is temporarily difficult to break through, so it is certain that the market will undergo a deep correction before rising again. Currently, I suggest waiting for the second round of complete repairs before mainly laying out short positions. Ethereum broke through the 3,000 mark earlier but has not yet stabilized, with the price quickly adjusting alongside Bitcoin, hitting a daily low of 2,902. The short-term 2,900 level is temporarily stable, but after adjustments, it will also provide a pullback. Maintain a focus on short positions at the rebound resistance level. Consult market trends btc0297

Bitcoin trading advice: Layout short positions around 117,800-118,500, with a target of: 114,500-113,500, risk control: 119,000

Ethereum trading advice: Layout short positions around 2,950-3,000, with a target of: 2,880-2,830, risk control: 3,050