#美SEC促进加密资产创新监管框架 took a look at the market early Thursday morning, and the price action of $BTC and $ETH is a bit grinding.

Looking at the four-hour chart, the price has been trending down slowly within a narrow range, moving down step by step like going down stairs. The bears haven't fully unleashed their power yet—it's more of a slow, painful decline. The moving averages are also pressing downward, so this bottom-building process will likely be a drawn-out affair in the short term. The tug-of-war between bulls and bears continues, and market sentiment remains cautious.

The current situation is: rebounds lack strength and it's hard to hold higher levels, while the downside risk is more apparent. So, my personal strategy going forward is to look for short opportunities on any rallies.

For specific operations:
For $BTC , consider placing shorts in the 93500-94000 range, targeting 91000 or even around 90000;
For $ETH , the 3220-3260 range is a good entry point for shorts, with an initial target of 3160 and possibly further down to 3120.

Of course, bottoming out is a grinding process—patience is required to wait for clear signals.