$BTC 8.13 Bitcoin price today's market: Currently, Bitcoin is around 120,000, and theoretically, the Elliott Wave Theory has a chance to break through 123,300. It has already shown the possibility of finishing, and even if it doesn't break through, it has consumed over 80% of the space. Therefore, choosing to take a short position here, with a stop loss set at a key position. If it hits, it indicates that the Elliott Wave Theory has not finished yet; if it doesn't, then it counts as a successful short position.

In terms of Ethereum, since the rise from 1384, it is also at the tail end of the fifth wave, and we expect a longer period of significant corrective adjustment afterward. Structurally, the fifth wave started from 3353, and it is currently in the fifth minor wave. Yesterday, there was an attempt to short it, hoping it would end around 4500, but it moved very strongly, forming an extension of the third wave. Next, there might be a small fourth wave adjustment before hitting a higher point or a second high before it ends.

Based on the above analysis, the medium to long-term outlook remains unchanged. The Ethereum structure is updating, and another short position will be taken around 4700, with a 10x leverage.