1. Taking BTC/USDT perpetual as an example

1. Considering that the price structure has not changed significantly, we maintain our previous view unchanged. The current main direction is bearish, with a daily level of oscillation downwards. The upper limit constrained by the bears is 128830;
2. Short-term bearish pressure level 110421-112585, below which, short positions are prioritized. Those who have not entered the market should patiently wait for a rebound. In the 1-hour cycle of the "Institution Strong Turning Point Model" (for detailed explanation, please pay attention to "K-Line Digital Password" and watch the live video afterwards), there are trading opportunities for short positions.
Above 3.108333, there may be a short-term rebound, with low longs as assistance; it is not recommended to blindly pursue long positions near the resistance level. A breakthrough of 112585 requires adjustments to the trading mindset and strategy. Below 108333, the bearish outlook continues, or if a new price structure emerges, a rebound from the bulls will follow, which will have an influence on ETH.

2. Taking ETH/USDT perpetual as an example
1. Considering that there have been no significant changes in the price structure, we maintain our previous viewpoint. The current main direction is bullish, with narrow fluctuations below 4831, continuing to consolidate. The important support level for the bulls is 4206, and above that, the bulls are gathering strength.
2. If it falls back to around 4206, you can refer to the "Institution Strong Inflection Point Model". For a detailed explanation of this model, please pay attention to the "K Line Digital Code" and then review the live video. Try going long, with strict stop loss; if it breaks 4206, the upward trend ends and the decline begins.
3. The short-term bearish pressure level is 4526. If this level is surpassed, we will continue to look for higher levels. The trading strategy remains primarily to buy on dips, with short positions as a supplement or not taking short positions at all, abandoning some mediocre trading opportunities.

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Disclaimer: The information and opinions in the above report are for the reference of the reviewer only and should not be considered as advice for actual investment transactions. Investors should assess whether to use the content of the report based on their personal investment objectives, financial situation, and needs, make independent investment decisions, and bear the corresponding risks themselves.