Based on the morning short-selling strategy, the actual BTC short position captured a space of 1200 points, successfully profiting 34557U, perfectly catching a wave of retracement. Currently, Bitcoin is still in a trend of fluctuating downward. Although the momentum has slowed, the outlook remains unclear. Therefore, if there is no clear direction, it is best to avoid large position operations to prevent being trapped, and to get on board for subsequent layout operations

0 Today's Analysis and Recommendations
The Bitcoin daily chart shows a large bearish candle, with prices declining and closing at a low position, breaking not only the recent mid-line but also reaching the lower line, clearly indicating weakness in the trend. As of now, there are no signs of a bottoming out, and effective support is hard to find, which undoubtedly increases the likelihood of further declines, while also weakening upward momentum, suggesting a potential for further deep adjustments in the short term. The daily structure has repeatedly tested high points without breaking through, and after a period of consolidation at high levels, the large bearish K-line indicates a downward trend, with prices even dipping to the 62600 line early this morning, significantly increasing the daily volatility, and showing a falling trend from the daily perspective. On the 4-hour chart, the weak downward trend began almost at the opening, with a series of bearish candles demonstrating strong momentum for a one-sided decline, directly breaking the lower Bollinger band. Currently, the 4-hour structure shows a very strong one-sided downward trend. In terms of today's short-term outlook, further declines are expected, and the main strategy should be to short on rebounds.
Trading Recommendations:
Short Bitcoin around 94000-94500, targeting a drop of 400-3500 points.
Short Ethereum around 3420-3450, targeting around 3260.
$BTC $ETH