From the 4-hour structure perspective, the current market maintains a fluctuating trend with alternating bullish and bearish candlesticks. The Bollinger Bands indicator shows a synchronized contraction of the three bands, and the distance between the upper and lower bands has been compressed to its recent minimum value, indicating that the market's volatility space continues to narrow.
From the intraday chart perspective, there have been frequent impulsive rapid increases during the session, but they quickly retract, reflecting the characteristics of short-term capital being active in and out, with quick entries and exits, which indirectly confirms the current market's lack of stability. Therefore, it is recommended to continue a bearish outlook for the afternoon session, as the short-term trend is unlikely to change from a weak fluctuation pattern!
Personal trading advice:
Bitcoin: Short at 95200-95600, target around 93000!
Ethereum: Short at 1820-1840, target around 1740!