On Wednesday, Bitcoin faced strong pressure from above after a morning rise to the level of 120241, and throughout the day, the overall trend showed a fluctuating decline, with the minimum value in the afternoon reaching 117816. The dynamics of Ether, after a morning rise to the level of 3764, also came under pressure and decreased, with the minimum value in the afternoon reaching 3638, providing more than 100 points of room for decline. The positioning of a short order in the morning trading was profitable! The structure at this moment demonstrates an extremely weak dip, and at the same time, there is a consolidation, correction, and accumulation of strength for further decline. Short-term highs are shifting downwards, and the wavering downward movement with a recheck of the same low point increases the likelihood of a breakout. Currently, the fluctuations have a large basis, and operations should still follow the trend, focusing on the bounce back and short.

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