#美联储降息展望 For the $ETH market, don't just focus on the liquidation situations of others' contracts, and don't lose sleep over your unrealized losses in your holdings. Looking back at Wednesday's market performance, prices started to decline in the early hours, stabilizing after falling to a low of 112100 in the morning, then oscillating upwards, peaking at 113643 in the evening before encountering resistance and falling back, finally stabilizing after dipping to a low of 110960. The trend of Ethereum synchronized with Bitcoin, retreating from a high of 4151 to consolidate in the area of 3926. Day traders profited over 5000 points by placing three short orders on Bitcoin, while Ethereum short orders yielded 223 points in two operations.

From a technical analysis perspective, Bitcoin has entered a rapid decline channel after forming a phase peak at the high point of 116000. During the decline, it shows characteristics of large bearish candles and short upper shadows, indicating strong selling pressure, leaving almost no space for buyers to resist; while during rebounds, it is mostly small bullish candles with long lower shadows, reflecting that buyers can only barely support at low levels, lacking the strength for sustained upward movement. Currently, the price is running close to the support lower bound, showing strong short-term downward momentum. The MACD dual lines are below the zero axis, and the histogram remains negative, indicating that bearish forces dominate the market, and the downward trend has strong continuity. In summary, it may be advisable to consider a shorting strategy during rebounds early Thursday morning.

Operation suggestions:
Bitcoin can be considered for a short order in the range of 111500-112000, with a target of 110000.
Ethereum can look for short order opportunities around 4000, with a target of 3900.

The market is under significant downward pressure, and investors should remain vigilant, reasonably control their positions, and manage risks effectively. Current technical indicators show that the bears dominate the situation, but one should also be wary of a potential oversold rebound.