Good evening everyone! Today's market trends completely align with our predictions, with the price of the currency continuing to decline, having precisely broken below the critical level of 103000, perfectly hitting the expected target! However, this is by no means the end of the downward trend—judging from the current volume situation, there is still ample potential for release below. Throughout the day, we focused on a high short strategy, achieving significant gains; friends who kept pace must have returned fully loaded. Moving forward, let’s continue to exert effort together and create more achievements!

As early as when the currency price broke below the 106000 level, I clearly indicated: in the short term, bears will dominate the market direction. Previously, Bitcoin stabilized briefly in the range of 103500-103800 (recent lower bound of fluctuations and resonance with previous lows), primarily due to a large influx of bullish funds seeking to buy at the bottom. However, it must be clear that if this support level is lost, the next key level to watch is 102000—this is both the 61.8% Fibonacci extension level and an important barrier at the round number of 100000. Should the bears continue to increase volume, a price impact on 100000 will be a high probability event.

However, at the current juncture, evening operations should not blindly chase shorts, and it’s necessary to remain calm and rational: if the currency price stabilizes above 103500, one can take the opportunity to grasp a rebound, setting up short positions near 105000; if bullish rebounds are weak and there is no obvious upward momentum, then simply continue with the short strategy.

• Evening Bitcoin: Short in the range of 104500-105000, target towards 102000#btc #ETH

• Evening Ethereum: Short in the range of 3550-3580, target towards 3400