Since December 19th, we have been bullish, with the resistance level around 90-91. Yesterday, we closed all long positions for profit. I feel that this rebound is nearly over, and I'm starting to prepare to return to a bearish rhythm. After this drop and rebound, whether it can successfully break down is a point of observation.

The first suggestion for shorting is to set a stop loss; this position has not yet broken down, and I am concerned about the possibility of a second wave pullback and whether it can continue to form such a structure, leading to a rising five-wave pattern, which has a certain probability.

Ethereum's rebound has also followed a three-wave structure, and there's a possibility that the ABC has ended. Ethereum's structure is slightly stronger than Bitcoin's, so we will only choose to short Bitcoin and avoid Ethereum.

The drop starting from the position of 109495 is following a five-step decline, forming a WXYXZ structure. Currently, it is in the Z wave, which consists of three waves; this is the first pullback, and after completing it, there will be another decline, roughly in this rhythm.

ZEC's rise from the position of 371 is following an upward trend structure, reaching around the 300 range. If there is a pullback, we will re-engage with it.

The market yesterday was very strong; whether it will break upwards is uncertain, so we will observe for now.