The tug-of-war continues, last night the market once again tested the recent low of around 93600, and immediately rebounded to 95500. Although the position has not changed from yesterday's white plate, the fluctuation is significant, with thousands of points in movement, causing countless people to be deeply affected. The high-level consolidation is meant to wash out some positions, so we must ensure that we can seek victory steadily and avoid blindly gambling.

From an overall structural perspective, the triangular area still has not formed a significant signal. The market remains in a tug-of-war within the range. With the upper limit not breaking the peak and the lower limit not breaking the bottom, we must find the resistance levels and choose arrangements based on the strength of these resistances. Currently, the four-hour chart is under pressure at the middle track, and the downward rhythm is gradually emerging. Here, we can arrange to short around the middle track of 96500.

Bitcoin is short around 96000-96300, looking at 94000.

Ethereum is short around 3700-3710, looking at 3550.