In the turbulent game of the Capital Market, the divergence between bulls and bears is becoming increasingly severe. The bulls are waiting for a breakout, the bears have already laid in ambush, and those who are hesitant are passively watching. Traders who truly possess execution power never wait for the market to clarify; instead, they seek optimal solutions amidst uncertainty. The bearish perspective we previously suggested has been validated, with precise timing, and the current approach continues.

From the current market situation, each price surge is constrained by significant resistance above, making it difficult to achieve an effective breakthrough in the short term, which leads the market to repeatedly return to a range of fluctuations. In terms of technical structure, the high points are gradually flattening, while the low points continue to rise. Although there hasn't been a direct shift to a bearish trend, the continuous convergence of the range indicates that a change in trend is imminent. Based on the judgment of the larger trend, the current market still operates weakly, with rebounds mainly being technical corrections. The pressure above is heavy, and the bears may launch a new round of downward action at any time.
Short at 105000-105500, initially targeting around 104000; if it breaks down, it is expected to extend to the 103500 level; Short at 2410-2430 for Ethereum, targeting around 2350 #BTC #ETH .