$BTC Remember: the market always follows the trend, and strength belongs only to the brave who dare to think and act. Tonight, let us continue with a calm mind and decisive execution, securing the space that belongs to us amid the fluctuations! The market is never short of opportunities, but it lacks traders like you—who can pinpoint the direction and strike with precision! This afternoon's market review shows that Bitcoin's trend has dipped, with Ethereum following Bitcoin down, both hitting key support levels of 117900 and 3773 respectively before stopping the decline. Just as our evening strategy predicted accurately, this round of downward movement completely verified our bearish viewpoint. We decisively placed short orders on Bitcoin at the high of 119500 and took profits at 118000, successfully capturing a space of 1500 points. For Ethereum, we placed short orders around 3880 and exited near 3770! Capturing a space of 110 points!

The current 4-hour level trend shows a significant correction. The market is oscillating downward from above the middle band of the Bollinger Bands, forming four consecutive bearish candles. The correction force is strong, and the price quickly broke through the support of the lower band. In the afternoon, the bulls attempted a counterattack, leading to a slight rebound, but the force was limited, only barely recovering above the lower band. This round of pullback effectively tested the support level of the middle band. It is expected that the evening market may continue the oscillating pattern, with a focus on the strength conversion between bulls and bears during the US trading session. The competition between bulls and bears intensifies, with a tendency to continue the bearish trend in the early morning hours.

Bitcoin: Short near 119000-118500, short-term target 117000

Ethereum: Short near 3820, short-term target 3700