$BTC After yesterday's deep market correction, today begins a technical recovery. Bitcoin rebounded from a low of 100,305 to 105,283, while Ethereum also rose from 2,379 to 2,529.

The 4-hour technical indicators show strong resistance above, and if it stagnates, it could trigger selling pressure. The short-term indicators are clearly overbought, with the RSI for Bitcoin and Ethereum both approaching 70, and the J value in the KDJ reaching high levels of 98.2, causing a significant divergence from the KD line, thus caution is needed for a pullback.

Trading suggestion: Short Bitcoin around 105,200 with a target of 103,500;

Try to short Ethereum near 2,510 with a target of 2,400.

Be sure to set stop-loss orders and control your position size.