1. BTC Institutional Price Structure Analysis and Strategy

Taking BTC/USDT perpetual as an example, below 104045, short-term oscillation is biased bearish. Operational strategy follows the "Institutional Strong Turning Point Model" (detailed explanation of this model can be found in the replay of the "K-line Digital Code" live broadcast). Buying on dips is supplementary (refer to the second opening strategy for BTC long positions on the 6th). Focus on shorting from higher levels; above 104045, or if there is a clear rebound, long positions at lower levels can theoretically target around 107269.

2. ETH Institutional Price Structure Analysis and Strategy
Taking ETH/USDT perpetual as an example, continuing previous views, below 3450, oscillation is biased bearish. Operational strategy follows the 1-hour cycle of the "Institutional Strong Turning Point Model" (detailed explanation can be found in the replay of the "K-line Digital Code" live broadcast). Buying on dips is supplementary (refer to the third opening strategy for ETH long positions on the 6th). Focus on shorting from higher levels; above 3450, or if there is a clear rebound, long positions at lower levels can be held longer, with a theoretical target around 3650.

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Disclaimer: The information and opinions in this report are for reference only and are not intended as or regarded as actual investment advice. Investors should determine whether to use the content of this report based on their personal investment goals, financial situation, and needs, make independent investment decisions, and bear the corresponding risks.