On the day of 102700-96600, a drop of 6000 dollars occurred, and a single bearish candlestick directly engulfed the gains of the previous four days. At least the day before yesterday and yesterday, Lao Xiao did not let anyone chase the longs, and he almost shorted at the highest point yesterday. When it first reached 97300, there was also a rebound of a thousand points. This long position was also timely reminded to take a small profit and exit, and then it dropped to around 96600.

Now the weak decline has shown no rebound; can we go long? Or where to short? Let me do a simple analysis. Firstly, the single-day drop has exceeded 6000 points, so chasing a short now would be unreasonable. Additionally, it has now fallen back to the low point tested on January 3, and I believe that the support area around 96300-95900 will see some rebound. Those looking to go long can try to buy once around 96300-96000, with a stop loss at 95400 and a target of 97500-97800.

The daily line has directly broken through MA5, and it is expected that today's daily line will continue to decline. We can wait for the rebound before continuing to short. It is recommended to short on the rebound at 98200-98500, with a stop loss at 99500 and a target of 95800-94500.

For Ethereum, short at the rebound of 3480-3500, with a stop loss at 3540 and a target of 3380-3340.