Pancake and Biscuit Evening Market Analysis

Core Viewpoint: The market continues to maintain a bearish pattern, oscillating downward to find support, and any rebound is merely a technical correction. The operation focuses on short positions primarily, avoiding blind bottom fishing.

Operational Suggestions:

$BTC

Position short in batches near 90600-91300 during rebounds.

Set stop loss above 92000, target at 89200, and if it effectively breaks down, then further look towards around 87500.

$ETH :

Operational Suggestions:

Position short in batches near 3080-3110 during rebounds.

Set stop loss above 3120, target at 2980, and if it effectively breaks down, then further look towards around 2850.

Summary: The technical bearish structure is complete, and going with the trend is the direction with the least resistance. Maintain patience and wait for a rebound to the ideal resistance zone before intervening, while always prioritizing risk control.