The crypto world is ever-changing, only the wise can seize opportunities and forge legends. On Friday afternoon, the Bitcoin market continued to show a downward trend with fluctuations. After a slight rebound to the high point of 116039, it faced pressure and declined. The lowest point in the afternoon market came to 114055 before stopping for a pullback. The Ethereum market moved in sync with Bitcoin in the afternoon, with prices declining from the midday high of 3724 to the afternoon low of 3585 before stabilizing, subsequently oscillating within the range. The short order of Bitcoin that Sheng Ge arranged at midday was entered around 115781 and took profit near 114377, securing a gain of 1400 points.

According to the current market situation, the four-hour level shows that after experiencing six consecutive days of decline, the market has stopped and rebounded. The price has tested support multiple times after hitting a low, and the downward trend has slowed down. After sufficient space has been released, the continuation of the downward momentum is gradually weakening, entering a rebound correction phase, with bulls beginning to recover. From the one-hour level, the market is above the lower Bollinger Band, and the price has also warmed up. Indicators at this level are showing signs of turning upward, and the market presents a strong pattern. Although there will still be a period of rebound in the current market, the overall bearish trend remains unchanged. One can seize the opportunity for a bullish rebound, first looking at the rebound amplitude, and then continue to short.
Short orders can be placed near Bitcoin 116000-116500, targeting 113500.
Short order near 3700 for Ethereum, target at 3550 #6 BTC全民空投限时派送中# #Gate Alpha积分撸40U# #白宫加密报告发布# .