After the afternoon Bitcoin dipped to 95700, it began to gradually rise towards recovery, pulling the price up to the current vicinity of 97000. We first took profits on our long positions this morning, then shorted again to secure a profit of over 2000 points. Unfortunately, we did not enter during this evening's rise, but opportunities to trade are never lacking in the crypto world. The current price is around 97050.

In terms of the current market, the US stock market is closed and has already gone through a wave of upward movement. This wave of continuous rise is merely the final momentum of the bulls; the main direction is still bearish. The upper resistance level is around 97500, and as long as it does not break, the market will inevitably decline. Friends who have not entered can wait for the price to rise, and those who are in short positions need not panic. Having the right mindset is very important in trading; since we are confident in the direction, we just need to maintain good defenses.

Bitcoin Strategy: Short near 97300, target 96000

Ethereum Strategy: Short near 3600, target 3550