$BTC $ETH Do not let the fire of greed burn the boat of reason. In the waves of contracts, learn to sail at the right time in order to move forward steadily. Remember, true wealth lies not in instant profits, but in long-term accumulation and wise choices. On Thursday afternoon, the Bitcoin market showed a clear downward trend, with the price touching a high point of around 118852 before starting to fluctuate downward. Currently, the market has come down to around 118300, while Ethereum's afternoon market has also followed Bitcoin's downward pace, with the price sliding from a high point of 3875 to a low point of 3831. The Bitcoin and Ethereum short positions we set up in the afternoon are currently in profit and held.

According to the current market situation, the four-hour level shows that after experiencing three consecutive bullish rebounds, the market has gradually entered a downward trend. The Bollinger Bands are opening downwards, and the middle line is also maintaining a synchronized downward trend. The overall trend has clearly returned to a bearish shape. From the one-hour level, the market presents a downward posture of two bearish candles followed by one bullish candle, approaching the middle line of the Bollinger Bands. The KDJ indicator's three lines have formed a death cross at this level and are extending downward. Although the MACD histogram is still above the 0 line, it is gradually decreasing in volume. Therefore, in the evening operations, we will maintain a bearish outlook unchanged. #BTC🔥🔥🔥🔥🔥

Bitcoin can be shorted near 119000, targeting 117000-116500.

Ethereum can be shorted near 3850-3880, targeting 3750.