Good afternoon everyone. As the US market pauses, market liquidity has noticeably decreased to a lower level. Under this condition, volatility is expected to contract, and short-term fluctuations will be limited.

Looking at the 4-hour candlestick chart, the MACD lines are still below the zero line, and the histogram bars are all negative, indicating a clear bearish sign. However, trading volume has been relatively light these days—of course, the US market's休息 is a main reason, making it difficult to form a true trending market. Regarding moving averages, the price has touched EMA7 but is still firmly held down by EMA30 and EMA120, so a bullish reversal is not so easy.

Therefore, the afternoon strategy is quite clear: $BTC will continue to focus on high-level selling and low-level buying as the main rhythm. Short positions will be opened in batches between 88200 and 88700, with support levels at the key round numbers 86000 and 85000.

For $ETH, continue to short between 2970 and 3000, targeting around 2800 to 2850. The macro factors like the Federal Reserve's repurchase program will still suppress market sentiment in the short term, so just observe.