Good morning everyone. Recently, the market has been quite unpredictable, with repeated shakeouts, precious metals on the rise, and stocks rebounding, but our digital assets have remained relatively calm. On one hand, the holiday season has led to decreased participation; on the other hand, the key factor is the difference in cycle stages — we are currently at the end of a four-year major cycle, entering a bear phase. This doesn't have much impact on contract traders, but it can be a bit frustrating for spot holders.

That said, as long as you’re not greedy, you can still catch some good moves within the range during consolidation. Community members following the strategy have been able to capitalize on 2-3 waves of market movements almost daily, and the accumulated gains are quite substantial. The mainstream view is that the longer the shakeout in the 8.5-9.4 range lasts, the higher the probability of a daily rebound to 99,000 or even approaching 107,000. Of course, this might be the last rally.

For intraday trading, continue to take short positions during rebounds: establish short positions around 87,800, add to shorts near 88,300, with a target around 87,100. Another instrument can be shorted around 2,930, with additional shorts near 2,950, and the stop-loss set between 2,900 and 2,988.