Trading philosophy: Observe the trend in the long term, and identify entry points in the short term.

Technical analysis: The lower Bollinger Band of the daily chart is around the $60,000 level for Bitcoin and the $2900 level for Ethereum. The MACD moving average is running flat and downward, with weak increasing volume on the short side. The KDJ line is trending downward. On the 4-hour chart, the Bollinger Band is starting to widen, the MACD moving average is trending downward, the short volume is starting to increase, and the KDJ line is trending downward.

Overall, the current market trend is still within a box structure. It has been mentioned multiple times before that the $64,500 level for Bitcoin and the $3350 level for Ethereum are the short-term turning points for the market. The market needs to stabilize before discussing a bullish return. These past few days have also seen short positions relying on resistance levels, including short positions in the $63,700-64,200 range for Bitcoin during the day, with a target of $62,700-61,700, and short positions in the $3180-3210 range for Ethereum, with a target of $3100-3050. Currently, the profits have exceeded expectations. It is advisable to take profits steadily, or for the more aggressive, to retain some core positions and continue to target $61,000 for Bitcoin and $3000 for Ethereum. If these levels are broken, look for $60,000 and $2900, respectively! Subsequent operations are recommended to focus on short positions during rebounds. As the monthly closing approaches, the market is likely to retest previous lows or even break lower!

The strategy is time-sensitive, and specific guidance in real time should be followed for accuracy!

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