A person's life is much like walking in the fog; from a distance, it appears hazy, making it difficult to discern direction and fortune.

In terms of market trends, Bitcoin has experienced a significant rebound, reaching a high near 102800. The daily line closed with a small upward candlestick, and trading volume slightly increased, indicating that the bulls have a slight advantage. However, the volume of the increase is relatively low, and this volume does not support a sustained price increase or the initiation of a new trend. It is highly likely that the market will face resistance and pull back.

Structurally speaking, Bitcoin is currently in a large range of fluctuations, and it remains difficult to break out of this range in the short term. This month has important data, but none is sufficient to trigger a significant one-sided market movement. From both a temporal and spatial perspective, there is not enough to generate a major trend; instead, it is a large range washout at the intraday level.

Therefore, the strategy is to hold long positions at low points and short positions at high points. This is the perfect strategy for range trading. Do not attempt to extend your bets based on perceived strength or weakness, as this can lead to a passive layout. This is also the only difference in layout between consolidation and trend; the market is cyclical, and new opportunities are about to emerge. We are optimistic about the bears!

On Tuesday evening, short Bitcoin at 102000-102500, targeting 99000-98000,

and short Ethereum at 3700-3730, targeting 3550-3450!