The large pancake (Bitcoin) experienced a strong decline in the early morning, so there is no need for us to be stubborn. As I always say, follow the development trend and act according to the trend—this is the way to go. The short position arranged in the early morning also yielded some gains, capturing the large pancake at 831 points and Ethereum at 33 points. So when it comes to what points to operate at, being overly stubborn can actually hurt oneself—it's that simple.

The large pancake's weekly K chart also closed bearish, but there are upper wicks, indicating that the bullish momentum should not be underestimated. It is currently in a low-level sideways trend. On the four-hour level, there are constant downward spikes, with high points getting lower and low points also getting lower. The downward channel is forming again, and it can still be looked at for further declines in the morning.

Short positions for large pancake at 94200-94500, watch 92500.

Short positions for Ethereum at 3435-3450, watch 3360.