Good morning. Recently, the market for Ether and BTC has been quite volatile, mainly because BTC has been in the first wave of a medium-term adjustment since August 14. Since the weekly level has not been in a weak zone, the process has been rather choppy. In the past 8 days, the market has shown a volatile rebound pattern, with BTC's formation being relatively regular, while Ether's formation is more chaotic. We should pay close attention to BTC's trend. We noticed that BTC's rebound this time, the first wave rebounded to around 3300 during last Friday's Non-Farm Payrolls, and yesterday's second rebound still faced the resistance level of 113300. From the structure, the first wave of the weekly level's downward movement will still complete the final wave of decline. As long as it breaks 110,000, this judgment can be confirmed. BTC started a second rebound on the 7th, and yesterday's rebound ended and began to fall back. Only if last night's adjustment breaks 110,000 will it go down to the weekend on the daily chart. Conversely, if the adjustment does not break 110,000 by tomorrow, the market will continue to rebound and break through 113300 again. Therefore, it is quite critical at the moment. During the day, if there is support at 110,000, you can still participate in a short-term rebound at that position, but it needs to be well protected. I haven't posted much recently, but if you have something to say, you can still find @浪哥必说. Happy Teacher's Day!