The Dragon Boat Festival is approaching, and how can we not gather some rice before the holiday? This morning, we provided a bearish view again, and as long as we follow Feige's approach, we basically made a profit. This morning, the big pancake was consolidating with reduced volume around the upper level of 106400, unable to break out of the bullish upward momentum. It then retraced to the low point of 104500 and faced resistance. Our layout was also to enter short near 106000 of the big pancake and wait to exit when it dropped to 104600, directly securing more than a thousand points of space. Just say, is it comfortable to do such short-term trading? Just pick it up, find the right people to do the right things, and that's how you can remain undefeated in this circle.

From the current market perspective, the price comparison on the four-hour structure is still undergoing a technical correction. Bullish signals present a fluctuating upward posture, and the Bollinger Bands have opened up while the middle and lower moving averages are running downward. After a short-term upward movement, there will still be a downward retracement space. Currently, the upper resistance is at 107000; let's see if it can break through. The hourly chart shows signs of a bottom rebound, with five consecutive upward candles continuously fluctuating upward, but the momentum is lacking strength. It is still in a range-bound correction. In the afternoon, the operational suggestion is still to mainly look for a rebound short strategy, responding flexibly with smaller patterns.

In the afternoon, the big pancake can be shorted at 106500-107000, targeting around 104000, and Ethereum can be shorted at 2660-2690, targeting around 2550. #比特币 $BTC