In the cryptocurrency market, fluctuations are the norm; the rise and fall of prices are like ocean waves, sometimes surging high and sometimes dipping low. This is both an opportunity and a challenge. When the market is sluggish, we need not be overly pessimistic, for each valley often harbors the potential for a new peak. On Thursday, Bitcoin's price surged from a low of 95718 in the early hours to a high of 99374 before pausing. Ethereum's movements mirrored Bitcoin, rising from a low of 1787 to a high of 1916 before retreating.

From the current market perspective, the four-hour chart shows the price breaking through the upper Bollinger Band with two consecutive bullish candles before pausing. The price has since retreated, and the three lines of the KDJ indicator have entered the overbought zone at this level, while the three lines of the RSI indicator show signs of turning down, indicating that bullish momentum is gradually weakening and a pullback is anticipated. From the one-hour perspective, after a series of bullish candles, the price has retreated below the upper Bollinger Band. The MACD histogram is gradually shrinking, and the three lines of the KDJ indicator are converging and turning downward, suggesting that in the afternoon we should adopt a bearish strategy.

Short Bitcoin around 99300 with a target of 97500.

Short Ethereum around 1915 with a target of 18500.