In the early hours of today, Bitcoin has already fallen below the key support level of 107,000. Although there was a slight rebound afterwards, it did not change the overall downward trend. The strength of this rebound is limited, and it is expected that the market will continue to maintain a downward trend.

Tonight, the market is likely to test the support level of 106000, with a high probability of breaking downwards. There is no need for long investors to discuss too much; just continue to observe the downtrend. If a significant rebound occurs, consider going short in line with the trend. After making a profit, you can appropriately reduce your position to control risk.

For holders of short positions that have been trapped, it is recommended to consider reducing positions or closing them entirely when the price returns to the opening price level, and then reassess the entry timing once the market conditions become clearer.

Regarding Bitcoin, consider shorting in the range of 107800-108000, with a target level near 106000-106500.

On the Ethereum side, consider shorting in the 2750-2770 range, with a target level around 2680-2650.