$BTC Cutting meat is for survival; stubbornly holding on may lead to zero. Cutting losses is not giving up, but rather preparing for a better entry next time. When each wave of trend comes, your first instinct is often wrong, especially during market panic or euphoria. The three most dangerous words in the cryptocurrency world: 'This time is different.' "Earning oil depends on understanding, losing bamboo shoots depends on emotions. Yesterday's intraday market saw a surge in the morning, with Bitcoin touching the 119500 line for a stop-loss, currently at the 117800 line. Ethereum at the 3940 line also faced a decline, currently at 3780.

The current market maintains a volatile pattern, with five consecutive bearish candles on the 4-hour chart touching the middle track of the Bollinger Bands, temporarily gaining support. The operation needs to be flexible: if the pressure zone does not break, then look for short positions, waiting for a pullback; if the low support is effective, then look for long positions to catch rebounds, maintaining a range-based strategy. The trend still tends to consolidate before rebounding for recovery, and one can observe the strength of the rebound. If an effective breakout occurs during trading, then the strategy needs to be adjusted promptly. Overall, respond within the volatile range with high shorts and low longs, and follow the breakout.

In the morning, Bitcoin near 117500 can be bought, with targets focusing on 119500-119000.

Ethereum at 3760-3780 can be bought, with targets focusing on 3850-3900.