In the early morning, Hangqing did not experience significant fluctuations, remaining in a narrow range of oscillations. The market retraced to 93367 and rebounded from the bottom. Currently, it is still making adjustments at a high position. Ethereum's movement is similar to Bitcoin's. Looking at the current chart, the 4-hour structure has been oscillating at a high level, and the bullish trend is slowing down, with the Bollinger Bands gradually contracting. It is currently hovering around the 95000 level for consolidation. Feige's thoughts in the early morning also suggest looking for a rebound before going short, so our morning view remains unchanged: continue to watch for Hangqing's rebound, and as long as it does not break above 96000, we will continue to short.

For Bitcoin in the morning, we can short at 95300-95800, targeting around 92500. For Ethereum, we can short at 1820-1850, targeting around 1720. #比特币 $BTC