Charlie Munger once compared his investment wisdom to fishing. The first rule of fishing is to fish where the fish are. The second rule of fishing is to remember the first rule. So, whether we are scooping in a bullish pond or fishing in a bearish pond, finding the right pond is paramount.

From a four-hour perspective, the market shows a clear characteristic of bearish candlestick arrangement, forming a phase of correction trend. It is important to note that after each spike and pullback, the market will enter a certain adjustment period, but the overall direction of movement has not changed. Currently, it remains dominated by a bearish unilateral trend. In terms of technical indicators, the market has formed a top divergence pattern, indicating that the current trend may face pullback pressure. At the same time, the golden cross pattern of the fast and slow lines continues to move downwards, with the dead cross that appeared during this period further reinforcing the pullback trend, showing that bearish forces are continuously accumulating, and the depth of the trend continues to deepen. Overall, the bearish-dominated pattern is expected to continue in the short term.

Operational Suggestions:

- Short Bitcoin in the range of 113500-113800, target 111500

- Short Ethereum in the range of 4170-4200, target 4050$BTC $ETH #币安HODLer空投PLUME