The big coin just touched 105800, and the altcoin jumped to 2624, but before it could stabilize, it crashed down. This is clearly a manipulation tactic! Chasing the rise at this position is just giving away money; smart people are starting to position themselves for shorting.
From the technical analysis, it's clear a trend change is coming— the four-hour Bollinger Bands have narrowed significantly, and the MACD is lagging behind. Plus, with a bunch of long upper shadows, it's obvious that the big players are offloading. Short directly at 105000-105500 for the big coin, aiming for 103500; short the altcoin at 2580-2600 with your eyes closed, targeting 2510. Remember to set your stop loss: 106200 for the big coin and 2620 for the altcoin; if it breaks these levels, just accept your loss.
This market is a typical "false breakout, real harvest" situation; the stronger the initial pullback, the harsher the subsequent crash. Entering short now, waiting for the U.S. stock market to open tonight, is likely to see another wave of drops, making a 3%-5% decline much safer than chasing the rise. However, I must remind you, if there’s a sudden surge in volume that breaks the previous high, do not hesitate to stop loss; it’s also not too late to enter after confirming a pullback.