The early morning market has once again completed its cycle. We first look at the rebound in price comparison, which has also been confirmed again. Bitcoin rebounded to a maximum of 94874, and the market did not extend further, forming strong resistance again at the 95000 level. The 4-hour chart shows that the price comparison is already near the upper range, and the Bollinger Bands are gradually turning from flat to down. Ethereum has also shown the same pattern. Currently, the price comparison is fluctuating around the 95000 level, which is also consolidating and building momentum for a downward move in the future. This point also aligns with our short entry point nearby. The bearish outlook for the future remains unchanged. In morning operations, both Bitcoin and Ethereum can be shorted at current prices without hesitation.

Bitcoin can be shorted in the range of 94500-94800, targeting around 92500, while Ethereum can be shorted in the range of 1790-1820, targeting around 1700. #比特币 $BTC