The market has no impossibilities, only things we haven't thought of. The market is simple, while human nature is complex; the fluctuating prices represent the market price. Value is a riddle that will never have an answer. Techniques are easy to learn but hard to master, and concepts are easy to understand but difficult to teach. In light of yesterday's overall sluggish market conditions, we mentioned in our analysis to be cautious of a sudden market turning point. In the early hours, there was a significant price drop, and today the downtrend has continued, stopping just at the 106700 level. Although we didn't catch the intraday drop, it caused our long position to hit the stop loss, but in the evening's analysis, we adjusted our strategy in a timely manner, actively followed up with shorting, and at the 108500 level, as well as Ethereum at 3880 level, we executed a medium-term short for BTC, making a profit of 1500 points on BTC and over 150 points on Ether. In such circumstances, the previous gains seem trivial by comparison. Overall, whether in strategy or adaptability, it can only be said that our understanding of the market is thorough.

From the current market perspective, there is a low-level pause and consolidation correction at the daily level, with a situation of two consecutive bearish candles. Today, it has again closed in the red, currently in a low-level local correction, and the daily line is slightly slowing down, re-entering the adjustment space. The follow-up adjustment space will be monitored for further developments. Pay attention to the subsequent strength after stabilization in the market. At the four-hour level, the Bollinger Bands have begun to contract, following a wave of consecutive bearish retreats, pulling back from the high point near 113000 to stop at around 106700 in the early morning. The morning saw a pullback, and this early morning has again entered into a consolidation phase. This rhythm is a common adjustment pattern in small local cycles, which does not necessarily change the trend but is rather a common corrective wave form. In the short term, we still look for a wave of bearish downward movement first.

Friday early morning Bitcoin: 107200-107500 long target focus on 105000
Ethereum: 3750-3780 long target focus on 3650