The downward momentum has intensified, with prices continuing to decline and breaking through previous lows, indicating a clear bearish direction overall. There is certain resistance around the 4100 point, where bears have attempted to break through multiple times. However, recent signs of a rebound have brought new operational space. The current market remains dominated by bears, and short-term rebound opportunities are worth paying attention to.

Afternoon trading suggestions:

Short Bitcoin in the 113300-113500 range, targeting 111500; Short Ethereum in the 4130-4150 range, targeting 4000.