There is still a risk of two more dips in the market on the 12th and 24th, so be cautious when bottom-fishing and maintain a bearish outlook.

In the early morning, we made a bottom-fishing trade and secured over 2500 points in Bitcoin and a 150-point performance in Ethereum.

From the 4-hour level, we can see that it is in a fluctuating downward trend, and each rebound has not exceeded the mid-line. It can be said that there is currently strong resistance above, and if a long position is opened in the short term, the target should not exceed the mid-line. The short-term strategy is to go long first and then short.

Reference Bitcoin at 93300/600, looking at 94800/95500.

Ethereum operation around 3360/80, looking at 3450.

[After the rebound, observe the mid-line resistance on the 4-hour chart at that time, plan to enter short positions expected around 95500/800]