BTC continues to decline to around 119500 from the vicinity of 121400 for short positions, then long positions increase and oscillate upwards to around 121500; ETH falls to around 4260 from the vicinity of 4360, then long positions slowly rise to around 4380, currently oscillating around 4360.

Currently, the daily K structure shows that the "handle" of the long positions has a diminished volume, leaving a shadow of a bearish candlestick. The trend is moving upwards, and the market is gradually testing support. The KDJ has formed a death cross and is moving downwards, with support around 117000 and resistance around 126000. In the four-hour structure, the market has touched the bottom and rebounded, with a decrease in short positions. Attention is focused on the area around 122500 above. In the hourly structure, long positions are gradually increasing, forming an upward breakout, with attention on the area around 123000 above.
Friday morning operation: Buy BTC near 121000-120500, aiming for 122500-123000.
ETH retraces around 4345-4320, aiming for the vicinity of 4420-4450.