Four-hour level, after four consecutive ups, the market has retraced; the current price is close to the middle band of the Bollinger Bands. The KDJ and RSI indicators show all three lines turning downwards, indicating confirmation of a top formation and forming a reversal signal. After the major cryptocurrency ended its previous upward trend, it is currently consolidating near the upper band of the Bollinger Bands, with short-term upward momentum gradually weakening. Overall judgment, maintain a bearish outlook for morning operations.
Bitcoin at $BTC can be shorted around 105200-104800 with a target of 103000.
Ethereum at $ETH can be shorted around 2530-2500 with a target of 2400.