Afternoon Bitcoin and Ethereum trading suggestions and direction sharing

In the crypto world, stop-loss is not "giving up," but rather a proactive control of risk. It is like a lifeboat at sea; it may seem unnecessary at ordinary times, but it can save your life when a storm comes. Mature traders do not avoid mistakes; they know when to exit promptly during errors. Always remember: the market will always have the next train, but your capital is the ticket to board that train. Many people become fixated on "waiting for a rebound to break even" when they incur losses, only to end up waiting for the abyss. In the crypto world, besides having the eagle eye to capture trends, you also need someone knowledgeable to steer the ship for you—because true winners know not only when to attack, but also when to retreat. After the Tuesday evening non-farm payroll annual benchmark revision data was released, the price dropped continuously from the high point of 112888, with shorts forming a series of strong retracements before stopping at 110714 and rebounding to the current level of 111558, re-entering a range of oscillation and entering an adjustment phase.
From the current market situation, the daily chart shows a formation of two bullish candles sandwiching a bearish one, oscillating around the middle track. The market has again entered a range-bound consolidation today. The current increase is not a genuine rise; a false rebound that goes high is likely to retrace. The short-term structure is quite apparent, as the increase phase has not led to a continued rise but rather a retreat after a peak. In the short term, the market remains in a back-and-forth state, with frequent rotational movements. Recently, the market trend has shown an upward rise, while stagnation leads to a retracement. When prices decline, they do not sustain but rather rebound. The back-and-forth rotation between bulls and bears is rapid, so in the short-term structure, it seems that taking a one-sided view in the direction of the trend can often be passive. Recent upward attempts have not resulted in effective breakthroughs or stabilization, and the market is expected to see another minor pullback. Therefore, the initial strategy should be to focus on bearish positions for entry operations.
Sell near 111900 to 111400, focus on 110700.
Ether can be shorted near 4320 to 4290, watch for 4230. #BTC#