In the crypto world, opportunities and risks coexist, but true winners are never reliant on luck. Do not panic and cut losses during a fall, and do not blindly chase the price during a rise. Use understanding to combat emotions and strategies to withstand fluctuations. Remember, those who can traverse bulls and bears are always those who respect the market and continuously evolve. On Friday, most of the daily market was in a rebound recovery phase of a consolidation market. In the evening, after the BTC rebounded to a high of 111,233, short positions made a strong push again, and it sharply fell to around 108,600. In terms of Ether, the fluctuation space was smaller, falling back from the evening high of 3887 to around 3802. The old high mentioned multiple times in the evening that everyone should consider a rebound and short strategy. The layout of short orders near 111,000 also precisely took profit at the target of 109,000, securing a space of 2000 points.

The market continues to show a weak trend, with recent price movements constantly reaching new lows. A clear descending channel has formed on the K-line chart. From a technical perspective, the moving average systems across all timeframes are in a bearish arrangement, and the MACD indicator continues to expand below the zero line, indicating that the current market is dominated by short positions. Bullish forces remain suppressed, and each rebound seems to lack strength, making it difficult to form effective reversal signals. Particularly near key resistance levels, selling pressure is especially evident, often resulting in a pressured pullback. Based on the current market pattern, we still adhere to a bearish outlook in line with the trend.
Midnight BTC 109500-110000 can short, target focus on 108000-107000.
Short order on Ether 3850-3870, target focus on 3750-3700.