Wednesday morning provided a strategy of going long first and then short; Bitcoin prices did not show a strong rebound but instead fluctuated lower. After breaking support during the afternoon, I exited a position with a stop loss of 1000 points. Subsequently, the price continued to decline, and I decisively entered a short position at the 104600 level. In the afternoon, I exited at 103600 to recover most of the previous day's losses. At any time, it's not scary to be wrong about the direction; what is scary is to always hold onto a sense of luck and not understand how to flexibly respond and go with the trend. Currently, with the early release of interest rate cuts, Bitcoin has seen a lot of selling after continuously refreshing historical highs. At the same time, there is a window for Trump’s policies to be realized, and the increase in uncertainty has also led institutions to take profits and exit. Additionally, the current continuous rise in market leverage has objectively laid the groundwork for a significant decline in the market. Considering various factors, a price correction is inevitable. However, as long as Bitcoin's price does not fall below the 96000 level, the upward structure will not change. But currently, the short-term pattern is weak and still in the stage of testing support, so in the afternoon strategy, I will make a slight adjustment, going short first on a rebound, and will only continue to enter long positions after clear signs of a bottom are observed. On Wednesday afternoon, short once in the 104600-105000 range, and after testing the daily low of 103000, continue to enter long. As for Ethereum, there’s not much to say; continue to switch back and forth around the 3800-4000 range for short-term trades, and follow the trend once a clear breakout occurs.