This is really a 'joke.' The inflation data released in the evening showed that both PCE and core PCE exceeded expectations, with an additional decrease of 0.1%. This greatly alleviated the rumors about the Fed lowering interest rates less next year. Moreover, if you look at the on-chain data, you will find that the Trump family's WLFI increased its holdings by 759 ETH; they really know how to stab in the back! Returning to the market, the basic short positions were validated twice during the day. In the morning, it hovered around 98,000, then dropped to around 96,000 in the afternoon before exiting, and then again indicated a short near 96,000. In the evening, there was a dip that garnered nearly 2,000 points. Form, structure, and technology are extremely important under such circumstances. During the day, Bitcoin gained a total of 4,000 points, with Ethereum gaining over 230 points. Currently, the market has found a bottom and has recovered to around 96,500. The weekend is likely to show a consolidation pattern, after all, the volatility this week has been quite large! #btc #eth

The short-term has started to narrow and enter a consolidation phase. It is expected that the short-term will not have too much volatility over the weekend; after being crazy for so long, it indeed needs to calm down. Our short-term layout has been quite successful; the timing for going short has basically been indicated, and everything is progressing as expected. It's getting late here, and we can still maintain a pullback long strategy. The main entry position does not have much space, so the key here is patience! Many thorns, few gains; at any time, put risk control first: don’t get too emotional, don’t act blindly, don’t be impulsive, and don’t gamble!

Bitcoin is hovering around 96,500-96,000, with the expected target above 98,000. Ethereum is around 3,380-3,370, with the expected target at 3,500.