$BTC $ETH

Do not forget yourself in the frenzy due to a temporary rise; do not sink into the abyss of despair due to a momentary drop. The wise use calmness as armor and patience as a sword, cutting through the thorns and navigating the vast sea of currencies. On Thursday evening, Bitcoin first dipped to a low of 117794 before a slight rebound. After reaching a high of 118628, the price fluctuated within this range. The Ethereum market continued its downward trend from the afternoon, halting after hitting a low of 3761. Looking back at the day's positions, Brother Sheng had two short and one long for Bitcoin and two shorts and one long for Ethereum, all yielding expected results. The Bitcoin and Ethereum short positions opened simultaneously in the early hours at around 117794 and 3811, respectively, and were closed at around 115886 and 3709. Bitcoin and Ethereum short positions captured a total of 1900 points and 102 points of space respectively. The morning's Bitcoin long position was entered around 117648 and exited around 118478, capturing 800 points of space. The Ethereum long position was entered around 3830 and exited around 3871, capturing 41 points of space. In the afternoon, Bitcoin and Ethereum short positions were arranged again at around 118781 and 3865, respectively, and exited at around 117973 and 3774 in the evening. Bitcoin short captured 800 points of space, while Ethereum short captured 91 points of space. Overall, the day's Bitcoin two shorts and one long captured a total of 3500 points, while Ethereum's two shorts and one long captured a total of 324 points.

Based on the current market, at the four-hour level, the market shows a two consecutive bearish trend approaching the middle track of the Bollinger Bands. Although the price has rebounded somewhat and the middle track provides some support, the bearish momentum has diminished, but the Bollinger Bands still maintain a downward opening. The overall downward trend will not change in the short term. From the one-hour level, after the price broke down through the middle track of the Bollinger Bands, the bulls provided some rebound, with the price warming back above the middle track. However, the MACD indicator's dual lines have formed a dead cross, and the histogram shows a declining state of increasing volume. Therefore, in the midnight operations, we can first pay attention to the strength of the rebound and look for opportunities to short at high positions. #BTC🔥🔥🔥🔥🔥

Bitcoin can short around 119000 with a target of 117000-116500

Ethereum can short around 3830 with a target of 3700