Analysis of the white market shows that the current bull market has come to an end. It is recommended to continue to short at high levels and wait for a retracement! Short Bitcoin at 118500-119000, target 117000-116000, short Ethereum at 3710-3740, target 3650-3600. The evening market successfully went out of the expected retracement. Steady short orders to stop profit, aggressively continue to hold and wait!

Trading Philosophy: Look at trends in the long term, find entry points in the short term;

Technical Analysis: Regarding Bitcoin, a daily bullish candle closes around 120,000, the Bollinger Bands continue to narrow upwards, the MACD moving average continues to slope downwards, bearish volume starts to increase, KDJ continues to run flat. On the 4-hour chart, the Bollinger Bands remain narrow, the MACD moving average runs parallel, bullish volume begins to decrease, and the KDJ line moves downwards;

Regarding Ethereum, a daily doji candle closes around 3,750, the Bollinger Bands continue to open upwards, the MACD moving average continues to rise, bullish volume continues to decrease, the KDJ line begins to slope downwards. On the 4-hour chart, the Bollinger Bands continue to narrow, the MACD moving average continues to decline, bearish volume continues to increase, and the KDJ line begins to move upwards;

Currently, the bullish trend appears to have paused, and it is recommended to continue shorting at high levels to look for a pullback!

Operational Advice: Short at high levels to look for a pullback!

Short Bitcoin at 118,500-119,000, target 117,000-116,000, stop loss at 120,500;

Short Ethereum at 3,710-3,740, target 3,650-3,600, stop loss at 3,780;

The strategy is time-sensitive, and specific guidance should be based on real-time private consultation!

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