The trajectory of the market's operation is basically in line with our thoughts. After a morning dip, the price of the coins surged quickly, with Bitcoin breaking through the 80,000 mark. Long positions have been safely secured. Although the morning suggestion came a bit late, the target was very clear. We secured around 2,000 points in Bitcoin and around 50 points in Ethereum this morning. As long as the direction is correct, it's basically not a problem to hold steadily; it's just a matter of how much to hold.

The current major trend remains upward, accompanied by pullbacks for consolidation. From a daily chart perspective, yesterday's bearish candle further solidified the downward trend. Before the price can effectively break through the 85,000 mark, it will be difficult to see a strong one-sided movement. In the four-hour chart, although a W-bottom pattern was formed and stimulated by fundamental factors for a short-term rise, this wave of increase could not be sustained, which instead triggered subsequent corrections, showing that the bullish strength on the technical side is still weak. On the hourly chart, although a clear bullish trend is present in the short term, with the KDJ indicator's three lines rising rapidly, there are already signs of turning down; although the MACD indicator has formed a golden cross, the upward momentum bars have not significantly expanded, indicating heavy selling pressure above. Additionally, the Bollinger Bands are continuously narrowing, suggesting that the market's oscillation range will further compress. Based on the current trend, an afternoon bearish outlook is recommended.

Bitcoin can be shorted at 81,000-81,500, targeting around 79,000,

Ethereum can be shorted at 1,550-1,600, targeting around 1,450. $BTC