In terms of Bitcoin, the daily level continues to decline with consecutive bearish candles approaching the lower band of the Bollinger Bands. The Bollinger Bands continue to open downward, the MACD moving averages are also trending downward, and bearish volume is starting to reappear, with the KDJ line moving downwards. On the 4-hour chart, there is also a clear downward oscillation pattern, with each drop accompanied by a certain degree of rebound correction, and the lows are continually being refreshed. Therefore, until a significant reversal occurs, it is advisable to maintain a bearish outlook!

On Friday morning, it is recommended to short Bitcoin around 92800-93500, with a target at the 91000-90000 level.

On Friday morning, it is recommended to short Ethereum around 3250-3270, with a target at the 3150-3100 level.