In the afternoon, Uncle Er turned bearish on this wave, seeing a drop to around 94880, while Ethereum also fell to around 3570, directly hitting our take profit point. Uncle Er's Bitcoin directly gained over 1600, with Ethereum dropping simultaneously by 70 points. One can only say that those who can buy are apprentices, while those who can sell are the teachers. Currently, the price comparison is around 95300.

As for the current market, Bitcoin has broken down to around 948800, and has temporarily not breached the bottom support at 94700, while Ethereum has directly broken below 3600. It is evident that this wave of bears is quite strong, with today's drop nearing 3000+ points, and Ethereum has also dropped nearly 200+ points. If it stabilizes at the bottom, then it should rise a bit to recover from the forced sell-off consequences. Currently, we are looking for a short-term long position, waiting for the market to touch 96000 before shorting at a high position. We will approach the evening with a strategy of going long first and then shorting.

Bitcoin strategy: Long around 94800-95000, target 96000

Ethereum strategy: Long around 3580-3590, target 3650