Good morning, everyone. I am Haige.

Today, let's talk about the current market situation.

First, let's take a look at Bitcoin. Yesterday, I mentioned that after a rebound, Bitcoin is likely to continue to fall, and it is very likely to break through the support level of 28900.

And this morning's market also confirmed this point, with the price falling to around 28800. I set a stop-profit order at 28800 for 50% of my position.

Currently, after the secondary rebound, it is highly likely to continue to decline.

Now let's take a look at the overall structure of Bitcoin. I think in the past half month, in August, Bitcoin may drop to around 28000, which means that the medium-term pullback from 31800 may not have ended yet.

The main theme for the second half of the year is to go short.

The situation with Ethereum is similar to Bitcoin. The medium-term decline may not have been completed yet, and the completion level for Ethereum may be around 1770.

We should be able to see it in the next half month.

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