In the morning, Trump's news about establishing a strategic reserve for Bitcoin but not purchasing additional Bitcoins quickly stirred waves in the market. The price of Bitcoin dropped nearly 5000 points, and then began to rebound, recovering to 87800. Ethereum and Bitcoin maintained the same trend, providing a bearish strategy at noon. This is not unfounded; there is a certain factual basis for it. The grasp of the market situation is substantiated and not just casual talk. Currently, the price is mainly in a sideways oscillation, and every wave of increase is accompanied by a pullback. The bullish momentum appears slightly weak, and the market hasn't given the bulls many opportunities. Once it breaks through key positions, the price will likely test lower levels. Now is the time to test patience, maintain a good mindset, and have a clear view of the situation. The process is not achieved overnight; reaching one's goals requires step-by-step accumulation.

On the daily chart, yesterday closed with a doji candle, which clearly indicates that the current pattern still cannot break out or continue. It’s not hard to see from this morning that the upward attempts do not get continued, and downward breaks do not create new lows. There are no signs of change yet, giving us a broad oscillation pattern overall. The four-hour K-line chart for Bitcoin shows a step-by-step turning pattern, with small bullish candles alternating with large bearish candles. This K-line combination indicates that the bearish side has a slight upper hand, putting some pressure on the bulls. On the hourly chart, the K-line arrangement is attempting to build a flat top formation, which is often a signal for the continuation of a downward trend. Overall, the current downward trend remains intact, and subsequent operational strategies suggest continuing to lean towards the bearish side, seizing possible opportunities for downward movements. In the evening operations, our bearish outlook remains unchanged; the rebound provides us with an opportunity to short.

Bitcoin: 88000-88500 to short, target 86000

Ethereum: 2180-2220 to short, target 2080