青木

6.15 BTC has seen multiple highs and pullbacks; is this a bottom-fishing opportunity or a signal to escape?

Looking back at BTC's data, although price fluctuations have been caused by geopolitical conflicts, investor sentiment remains quite stable with no significant changes. The turnover rate is also normal; during the weekend, most investors did not panic due to these events. Support data has not changed much, with stability remaining between 93,000 USD and 98,000 USD, and BTC around 105,000 USD is still accumulating, with no apparent risk in the chip structure for now.

The current 90-minute cycle candlestick shows the price around 105,429, with indicators showing key resistance at 105,588, and the J-value has entered the extremely overbought zone. The market shows obvious selling pressure at this resistance level, and the candlestick pattern has formed a hanging man, suggesting that upward momentum may be exhausted. Meanwhile, the chip distribution indicates a significant trading concentration at 105,588, combined with the weakening divergence trend of the KDJ indicator and slowing increment of the MACD red bars, further validating the risk of a pullback. The EMA24 and EMA52 are in a bearish arrangement, suppressing the price's upward space.

Operational Suggestions:
Short BTC at 105,700-106,300, targeting around 103,000-100,000. Defense at 107,000.

Short ETH at 2,550-2,600, targeting around 2,400-2,300. Defense at 2,650.

$BTC
$ETH

6.13 Good news, Bitcoin bearish position captured 7000 points profit, Ethereum gained 440 points, all accurately grasped.

The performance can be checked, yesterday Bitcoin continued to fluctuate at a high level, decisively issued a Bitcoin short position at 110000, with a target of seeing a low of 102000. Yesterday's market indeed turned as I predicted, first rebounding above 110000 to create a false signal, then the market sharply dropped, currently falling to a low of 1026140, capturing nearly 7000 points profit.

Ethereum short position at 2880, with a target of seeing a low of 2400, rebounding to a high of 2879 before also turning down to 2433, capturing a total of 440 points profit. Yesterday's short positions were very precise, congratulations to those who followed the operations. For friends who have not had ideal operations in the recent market, feel free to consult and find me to discuss the market together.

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6.12 BTC Strong Surge, Bears Gradually Retreat, Reversal is Coming.
Today, the price of BTC has once again broken through the $110,000 mark in stages, mainly because it has been reported that Besant achieved good results in negotiations with trade representatives from London and China. Although neither China nor the United States has disclosed substantial content, judging from Besant's remarks, it should be positive, but it might come as a surprise to Trump. Hence, Besant hurried back to the U.S. to report before finishing the talks.

The spot ETF data is as expected; ETF investors are also chasing highs and cutting losses. However, this time, BlackRock's investors have made more profits. On Monday, both BlackRock and Fidelity saw net inflows exceeding four figures, and none of the 11 ETF institutions had any net outflows of BTC. Recently, the data for ETH has indeed been slightly better, though it's still limited. Nonetheless, there is no doubt that investor interest in ETH has been slightly higher than in BTC over the past month, and ETH's price has shown a strong upward trend in the past two days. Especially today, BlackRock's investors continued to increase their investment, and the short-term price has clearly entered a critical resistance zone. If it does not break through around $2900 above, there will still be opportunities for shorting.

Trading Advice:
Short BTC at 109500-110000, with a target of around 105000-102000. Stop loss at 110666.

Short ETH at 2855-2880, with a target of around 2600-2400. Stop loss at 2920.

6.11 BTC surged to 110,000! What should be done next?

Looking back at BTC's data, although the price has broken above 108,000, the turnover rate has not significantly increased, and even the trading volume has not shown a noticeable rise. This aligns with what we mentioned earlier: the main factor driving the price increase is not an increase in purchasing power, but rather a decrease in selling investors. In fact, the inventory levels on exchanges observed today indicate that most investors still expect BTC to have a favorable future trend. The current support levels have not changed; the best support remains between 93,000 and 98,000 dollars. Even if the price of BTC continues to rise, it has not prompted this group of investors to exit. As long as these investors at this position do not take significant action, it is difficult for BTC's price to experience large-scale selling without negative news.

The 1-hour candlestick chart shows that the price is forming a top formation around 110,000, and the KDJ dead cross further confirms the possibility of a short-term pullback. Combined with the chip distribution data, the current price is approaching the maximum trading volume support level of 105,552. If this support is broken, the risk of dipping into the low volume area LVN increases. Although the trading volume has temporarily fallen by 21.82%, the EMA24 and EMA52 dual moving averages still show a bullish arrangement, indicating that the medium to long-term trend remains unchanged. It is suggested to pay attention to the gains and losses around 110,000, as well as the candlestick pattern changes near the support levels.

Operational Suggestions:
Short BTC at 109,500-110,000, with a target near 107,000-105,000. Defense at 110,666.

Short ETH at 2,750-2,790, with a target near 2,600-2,450. Defense at 2,830.

6.10 CPI Storm Approaching, Is BTC Bullish Position on the Line?

Bitcoin, which was still in a fluctuating downtrend over the weekend, clearly shows weakness in its bullish stance, resulting in a rapid surge after the market opened on Monday. It is currently testing the high level around 108000. This rapid rise on Monday does not necessarily indicate a real uptrend; the purpose of the surge may also be to wash out the short positions below, successfully enticing more buyers before launching a short sell-off. The current price is clearly under pressure, and it is recommended to boldly enter short positions at this level.

Trading Suggestions:
BTC short at 107950-108500, target around 104000-10000. Stop loss at 109000.

ETH short at 2566-2600, target around 2400-2300. Stop loss at 2650.

6.9 Unemployment Benefits Tsunami Approaches! BTC Repeatedly Narrowly Fluctuates, How to Choose Between Long and Short?

The weekend is pretty simple; there is much less noise in the market when the US stock market is closed. Today, the argument between Trump and Musk continues, with Trump stating that his relationship with Musk is over and threatening Musk not to sponsor Democratic candidates. However, Vice President Vance has publicly expressed hope that Musk will calm down and return to Trump's team, as Trump does not want to have a bitter feud with Musk. In any case, at least there were no new disturbances over the weekend, and although trading volume remains low, BTC's price is still quite stable. It is likely that the market has good expectations for the upcoming China-US talks starting on Monday, although it should actually be Tuesday in Beijing time.

Looking at BTC's data, it has indeed slowed down after entering the weekend, with turnover rates decreasing and investor sentiment easing. Even the large number of loss-making investors who left the market a few days ago have reduced their exit movements, and now we are just waiting for the US stock market to open on Monday. From the support data, there are still no changes; the range from $93,000 to $98,000 remains the best support, while positions between $100,000 and $105,000 continue to accumulate. For now, this range remains relatively stable.

The current price of ETH is around 2523, sitting at the upper edge of the strong support range of 2491-2523. Indicators show that the buying proportion in this area reaches 95%, but the selling pressure at the resistance level of 2629 has surged, forming a clear gap in positions. Combined with the KDJ overbought signal, the risk of a pullback increases. The 4-hour candlestick chart shows a top formation, along with trading volume shrinking to 35.83% of the recent average, indicating insufficient upward momentum. The EMA24 crossing below the EMA52 confirms the bearish trend.

Operation Suggestions:
BTC Short at 106200-106700, target around 102000-98000. Stop loss at 107000.

ETH Short at 2530-2570, target around 2400-2300. Stop loss at 2610.

6.8 BTC repeatedly rises and falls, has the bear market come to an end? Where is the peak?

From the data perspective of BTC, the performance is the same. In the last 24 hours, despite significant price fluctuations, BTC's turnover has actually decreased. Most investors are not very interested in price changes, and the main participants in turnover are still those who chased high prices earlier. Looking at the support, temporarily, $93,000 to $98,000 is very solid support. Although the accumulation at $100,000 to $105,000 is about to overtake, this part is still mainly composed of short-term investors, so it cannot yet be considered an effective support range.

Everyone knows what happened on Thursday. Under the situation of conflicts between the two sides, BTC almost fell below $100,000. Before looking at today’s data, I was even wondering if there would be a large-scale sell-off today. In fact, it did not occur. Although there was indeed a net outflow, the outflow amount was very limited and did not differ much from previous outflows. BlackRock, Fidelity, ARK, and Bitwise also only saw outflows in the three-digit range. Indeed, some investors felt panic, but such investors are still quite few, which also indicates that most investors are not very interested in such short-term price changes.

Friday's data is a bit interesting. Although yesterday's BTC data showed a net outflow, ETH continued to maintain a net inflow. Even the conflicts did not affect investors' interest in ETH investments. Saying this makes me a bit skeptical, but indeed, despite the drop yesterday, investors from BlackRock and Grayscale bought more than five digits of ETH in total. The selling side, Fidelity, did not sell more than five digits either, so the ETH spot ETF data is still showing a net inflow. However, this data is not much different from BTC. Although there is a distinction between net inflow and net outflow, in reality, it's just a small part and will hardly affect the spot price.

Operational Suggestions:
Short BTC at 105800-106300, target around 102000-98000. Stop loss at 107000.

Short ETH at 2520-2560, target around 2400-2300. Stop loss at 2600.

$BTC
$ETH

6.7 BTC plummeted to 100,000 before a rebound. Is this a bottom-buying signal or a bait-and-switch behavior?

From the data, although BTC nearly dropped below 100,000 USD, the turnover generated is not significant. Only the investors who are at a loss seem to be nervous, resulting in a larger turnover, while earlier investors are still in a wait-and-see mode without obvious signs of panic. As the quarrel between Trump and Musk continues to escalate, market sentiment is worsening, and it is estimated that the decline will only stop once the argument ends. It is uncertain whether the two will reconcile. Although the price is not particularly friendly, the support between 93,000 USD and 98,000 USD remains very strong, and there are no signs of panic among this group of investors. This is why we often say that most investors between 100,000 USD and 105,000 USD are short-term investors who are more sensitive to price.

The weekly report also explains that the current price maintenance is not due to an increase in purchasing power, but rather a decrease in selling volume. If negative news increases selling and purchasing power does not rise accordingly, it will lead to the current situation. However, this does not have a fundamental impact on BTC at the moment; it is more about the emotional venting of U.S. stock investors.
Operational Advice:
Short BTC at 104,800-105,300, target around 102,000-98,000. Defense at 106,500.

Short ETH at 2,510-2,550, target around 2,400-2,300. Defense at 2,600.

$BTC

$ETH

6.6 Good news, the big coin shorted and gained 5000 points, Ethereum 250 points, all accurately grasped.

The performance can be verified, yesterday the big coin was still fluctuating at a high level, decisively giving a short position for big coin at 105500, with a target of seeing a minimum of 98000, after rebounding to 105873 the market continued to go down, currently the lowest has dropped to 100305, achieving nearly 5000 points in profit.

Shorting Ethereum at 2630, with a target of seeing a minimum of 2350, the highest rebounded to 2640 and then also dropped to 2379, achieving a total of 250 points in profit, these days have been bearish, all very precise, congratulations to friends who have followed the operations. For friends who have not had ideal operations in the recent market, consult and find me to discuss the market together.

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​$BTC
$ETH

6.6 BTC Surge Dream Shattered, Is It a Trap or Accumulation?

Yesterday, both the US stock market and BTC maintained slight fluctuations, with overall market sentiment leaning neutral. However, despite the minor price movements, the density of events was unusually rich, and the underlying structural signals are worth delving into. From BTC's data perspective, loss-making investors are still the main force behind the current turnover. Although the turnover rate has decreased compared to yesterday, it remains at a relatively high level. The market is paying more attention to Friday's non-farm data, especially the unemployment rate, which remains one of the key data points for the Federal Reserve.

However, from the current environment, unless there is a significant economic downturn, the probability of the Federal Reserve cutting interest rates before the end of the third quarter is still very low. In terms of support, the position around 98000 remains the most stable support level. Although more chips are shifting towards the range between 100000 and 105000 dollars, this group of investors is still mainly focused on short-term investments, making them significantly influenced by short-term prices. Attention should be given to the short-term support level around 102000; if it is breached, it will certainly trigger a downward movement.

Operational Suggestions:
BTC short at 104500-105500, target near 102000-98000. Stop loss at 106500.

ETH short at 2600-2640, target near 2450-2350. Stop loss at 2680.

$BTC
$ETH

6.5 Expectations for the Fed's Interest Rate Cuts Rise! Will BTC Experience a Violent Rebound or Continue to Decline?

Looking back at BTC's data, today's turnover rate has significantly increased. Upon checking the data, it appears that two transactions involving a total of over 230,000 BTC have occurred, likely related to the consolidation of exchange wallets. This situation usually happens about once a quarter and will not affect the price, so actually, BTC's price today remains within a narrow range of fluctuations.

Recently, the influence of both Trump and the Federal Reserve on the market has been diminishing. Although there have been several speeches from Federal Reserve officials in the past week expressing concern over tariffs, they have also indicated to the market that as long as tariffs are not determined, the Federal Reserve will not provide a clear response. Therefore, the market has adjusted its expectations for interest rate cuts, and currently, the probability of a rate cut in the third quarter is less than 28%. Although turnover has increased significantly, the range between $93,000 and $98,000 still serves as the most solid support. At this point, as long as investors at this level do not exit significantly, the impact on the price will not be substantial.

Trading Recommendations:
Short BTC at 105500-106000, target around 102000-98000. Stop loss at 107000.

Short ETH at 2630-2670, target around 2450-2350. Stop loss at 2720.

$BTC
$ETH
#美国加征关税

6.4 BTC Bull-Bear Battle Begins, Set Up Long-Term Positions for Ten Thousand Points Profit!

Looking back at BTC data, today’s market feels like the weekend, with turnover even lower than Sunday, enjoying a time where Trump and the Federal Reserve are not interfering with the market, resulting in only a slight upward fluctuation in BTC prices. The same applies to the US stock market, where overall market sentiment remains relatively calm. The main force in turnover is still mainly recent loss-making investors, while earlier investors are adopting a wait-and-see attitude. In terms of support, the range of $93,000 to $98,000 remains the best support level; these investors are very calm and have a low impact on prices. The slight upward fluctuation in the US stock market is also good for BTC, as both are still highly aligned in the larger direction.

Currently, the price of Bitcoin is around 105,440, approaching the key resistance zone of 108,769-109,601, where trading volume has multiplied, indicating strong selling pressure. Chip distribution data shows that the three upper resistance levels (108,769, 108,936, 109,601) are accompanied by high trading volume ratios, indicating that main funds may be defending this range. If the price cannot break through with volume, it may retest the EMA52 support level of 105,000. From a technical perspective, the KDJ dead cross combined with the top distribution pattern further verifies the short-term pullback risk. However, EMA24 is still above EMA52, indicating a strong mid-to-long-term trend. Pay attention to whether the one-hour closing can stabilize above 105,659; if it fails, a rapid downward movement will be triggered.

Operational Suggestions:
Short BTC at 106,000-106,500, with a target near 102,000-98,000. Defensive at 107,500.

Short ETH at 2,610-2,650, with a target near 2,450-2,350. Defensive at 2,700.

$BTC
$ETH

6.3 ETH Recovery Wave Ends, Have Whales Secretly Positioned for Bitcoin Shorts?

Recently, ETH's price has been continuously plummeting, and investor sentiment is not very optimistic. The performance of the US stock market is also not good, and the ETH market has experienced a thrilling storm of volatility. In just a few minutes, it dropped sharply from 2800 to 2450, a decline of up to 5%, followed by a partial rebound, closing at 2540 in the latest period, but overall market sentiment remains sluggish.

On the news front, not only the continuous regulatory dynamics and policy uncertainties have impacted market confidence, but several heavyweight traders have also faced liquidation or forced clearance due to high leverage positions, further triggering a chain of panic selling. This series of events has collectively led to extreme fluctuations in ETH prices within a short time, ringing alarm bells for investors.

Looking back at BTC's data, today is another day with low turnover, with most investors still maintaining a wait-and-see attitude. Only losing investors have recently been trading more frequently. The current price is still shifting towards a relatively stable range between 100,500 dollars and 105,000 dollars. Although a lot of chips have accumulated in this range, they cannot temporarily be considered support, and further downward pressure is expected. The main support range remains between 93,000 dollars and 98,000 dollars, where the stability is still very high.

Trading Suggestions:

Short Bitcoin at 105,500-106,000, targeting around 102,000-100,000. Stop-loss at 107,000.

Short Ethereum at 2,550-2,590, targeting around 2,450-2,350. Stop-loss at 2,640.

$BTC
$ETH

6.2 Bitcoin shorts are continuously exerting pressure; have we reached the bottom? Can we continue to short in the future!

In the last 12 hours, data from major trades shows that the total amount sold by large players reached $186 million, while purchases were only $80 million, resulting in a net outflow of $106 million. The buy-sell ratio is 1:233, indicating a clear preference for shorting among major players. Especially at 23:18 and 22:29, Binance contracts sold large orders of $18.05 million and $16.14 million respectively, directly suppressing rebound momentum. Currently, BTC is below the EMA24 and EMA52 moving averages, with trading volume continuously shrinking to an average of 32.13%, and market buying pressure is weak, further confirming the signal of major funds exiting.

The current price of ETH is below the EMA24/52 moving averages, showing an overall downtrend. Meanwhile, the chip distribution reveals that 2548.5 is a strong resistance level, and the dense transaction volume indicates that bulls are clearly under pressure in this area. The latest 1-hour candlestick is oscillating in the 2506-2517 range, further confirming insufficient short-term upward momentum. The MACD shows a death cross and the histogram continuously decreases, enhancing the downward momentum. Although the KDJ has a golden cross, it is hindered by the resistance area, making the signal weak. If the price cannot break through 2548.5, the risk of a pullback increases, with support below at the 2488 low.

Operational suggestions:

Short Bitcoin at 105500-106000, target around 102000-100000. Defense at 107000.

Short Ethereum at 2560-2590, target around 2450-2350. Defense at 2640.

$BTC
$ETH

6.1 The bulls completely collapse, do the bears stop falling, and how should operations proceed?

Bitcoin has temporarily stopped falling and stabilized, as this is the first Fibonacci key level from the top retracement. Over the weekend, there was a fluctuation of around 1000 points. Let's first analyze the exit situation of the contract bulls. On Binance's perpetual trading pairs, the Bitcoin contract bulls have again stopped loss or been liquidated for more than 200 million dollars, while Ethereum bulls have stopped loss or been liquidated for more than 500 million dollars. Combined with the liquidation data, this round of decline has caused the bulls to accumulate liquidations of 1 billion dollars, and the funding rates have also fully entered a negative funding rate stage. Therefore, the liquidation of the bulls has basically entered the later stages, and there may be one more round of decline to around 100,000 for the final squeeze.

Finally, Abraxas Capital's hedging positions on HyperLiquid have been fully profitable. We can also refer to when this institution's hedging positions exit to assist in judging the bottom of this round of decline. Clearly, even close to 0, everything was still fine, even when Trump said that East University violated the agreement, it was still considered stable. Moreover, Trump raised 2.44 billion dollars to buy Bitcoin. However, just after midnight, the sanctions against East University were announced, and both the S&P and BTC fell simultaneously, piercing below 104. Additionally, at 6 AM, Trump again mentioned tariffs, increasing uncertainty. The US stock market closed, so BTC bore the brunt, continuing to fluctuate downwards. The overall uncertainty regarding tariffs has increased again. It is now the weekend, so closely monitor the situation from tomorrow night to Monday daytime, during this low liquidity moment.

Currently, BTC should still hold around 102-103, as this is the lower edge of the previous fluctuation range. The 2-hour cycle shows a black three soldiers pattern combined with extremely shrinking trading volume, and the chip distribution reveals a strong resistance zone formed in the 108860-109573 area, with the current price below EMA24/52, indicating a weak medium to long-term trend. The J value has entered the oversold zone, combined with the RSI double bottom pattern, indicating a short-term rebound demand. However, if the price continues to narrow around 103000, breaking below will open up downward space. It is recommended to pay close attention to the effectiveness of the 103000 support.

Operational suggestions:

Short Bitcoin at 105500-106000, target around 102000-100000. Defense at 107000.

Short Ethereum at 2550-2580, target around 2450-2350. Defense at 2630.

5.31 Trump Restores Increased Tariffs, BTC May Fall Below 100,000!

Amid tariff fluctuations, will Bitcoin welcome new opportunities? Recently, a U.S. appeals court allowed Trump’s tariffs to temporarily remain in effect. This dynamic in the economic sector seems unrelated to Bitcoin, but it actually hides deeper implications. Tariffs are essentially taxes imposed by governments on imported and exported goods, and their adjustments can trigger a series of economic chain reactions. When tariff policies change, international trade costs increase, exchange rate volatility intensifies, and uncertainty in traditional financial markets grows. To avoid risks, investors often seek more stable and independent assets. Bitcoin, as a decentralized digital currency, is not controlled by any single country or financial institution. During economically unstable periods caused by tariff adjustments, its unique attributes attract many investors' attention.

On one hand, Bitcoin's total supply is fixed, giving it a scarcity similar to gold, which can somewhat hedge against inflation risks. Rising prices and currency devaluation that may result from tariff changes encourage investors to use Bitcoin as a means of preserving value. On the other hand, Bitcoin transactions are convenient, and cross-border transfers are not restricted by traditional financial systems. When international trade is hindered by tariffs, its advantages in cross-border payments become increasingly prominent.

In a constantly changing tariff policy environment, Bitcoin may open new wealth pathways for investors. From a technical analysis perspective, BTC is expected to close the weekly line again at around 112,000, with the monthly line near a double top, and the daily MACD has consistently been in a dead cross going down. Logically, it should have already retreated; this wave will likely fall to around 100,000.

Operation Suggestions:

For Bitcoin: Short at 106,000-106,500, target around 104,000-102,000-100,000. Stop-loss at 107,000.

For Ethereum: Short at 2,620-2,660, target around 2,500-2,400. Stop-loss at 2,710.

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5.30 Bitcoin continues to decline, Ethereum rises and then falls back, how to operate next.

After a continuous decline, Bitcoin has started to fluctuate, currently testing the key support at 106000 and waiting for direction. The resistance level on the daily chart is around 111980, and the support level is around 102000. Looking at the 4-hour chart, the resistance level is around 109000, and the support level is around 106000. Overall, one can look for a rebound to short!

Looking at Ethereum, compared to Bitcoin, Ethereum has been relatively active in recent days, with significant daily fluctuations. On the daily chart, the resistance is around 2810, and the support is around 2500; on the 4-hour chart, the resistance is around 2750, and the support is around 2400.
Operation suggestion:
Short Bitcoin at 107000-107500, target 105000-102000. Stop loss at 108500.

Short Ethereum at 2700-2730, target 2500-2400. Stop loss at 2760.

5.28 Bitcoin's high-level consolidation is nearing its end, and wild fluctuations are about to unfold.

BTC is currently experiencing a continued downward trend, with minor support levels at 106000 and 104000. The periodic fluctuations are about to conclude, so pay attention to directional choices and maintain a primary focus on short positions, waiting for signals and opportunities. ETH has minor resistance at 2700, with short-term support levels at 2500 and 2300.

Bitcoin is now at a critical decision phase for bulls and bears, with the 108000 support level being a key battleground. The current price is testing this critical support, and the concentration of chips in this area is at 4.3%, indicating a fierce battle between bulls and bears. Combined with candlestick patterns, the latest hourly cycle shows a bullish engulfing pattern, and with KDJ entering the oversold zone, it suggests a high probability of a short-term rebound. However, the EMA24/52 moving averages still present a bearish arrangement, and the trading volume has shrunk by 37% over the last 10 cycles, indicating limited upward momentum. If the price falls below 108000, it will certainly further explore lower levels.

Trading suggestions:
Short Bitcoin at 109000-109500, targeting around 106000-103000. Stop loss at 110000.

Short Ethereum at 2690-2730, targeting around 2500-2300. Stop loss at 2780.

$BTC

$ETH

#比特币2025大会 #特朗普媒体科技集团比特币财库

5.27 Bitcoin Faces Severe Resistance at High Levels, Market May Welcome a Waterfall.

In the past 6 hours, the BTC price has fluctuated in the range of 109000-110400, but lacks a clear direction. It is worth noting that the current trading volume has shrunk drastically, at only 40.82% of the average level, indicating a significant decline in market activity. However, there have been no significant large market orders recently, and the main funds appear to be holding back, suggesting that a potential trend change may be brewing. Combining with other indicators, the divergence in KDJ and the weakening MACD histogram both show an increase in downward momentum, but the price remains above the EMA24/52 moving averages, and the overall trend has not yet broken out. Patience is required.

Ethereum's current price is hovering around 2666, which is the maximum transaction volume support level indicated by the chip distribution. The hourly K-line shows a top distribution pattern, combined with a KDJ death cross, indicating a potential short-term breakdown. If this support is breached, the secondary support at 2550 will be tested. From the chip structure perspective, 2550 is a key price range with the highest transaction density. The current price is at the upper edge of this area, with intense competition between bulls and bears. Combined with the moving average system, the EMA24 has crossed below the EMA52, indicating a weakening medium to long-term trend; continue to maintain a bearish stance.
Operational Recommendations:
Short Bitcoin at 109550-110500, with a target of around 106000-103000. Stop loss at 111000.

Short Ethereum at 2650-2690, with a target of around 2500-2350. Stop loss at 2730.

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