The past is merely a prologue, and the symphony of a new week is about to begin. In this new week of the cryptocurrency world, it is a treasure island full of opportunities, but also a minefield fraught with crises. It all depends on each of you holding the keys—knowledge, experience, and courage—to unlock the door to your own crypto wealth. Last midnight, Bitcoin's market showed a staircase-like decline, with the price dropping from a high of 105744 to a low of 104399 before halting. Currently, the market is in a rebound recovery phase. Ethereum displayed a similar pattern, with the market dropping from a midnight high of 2562 to a low of 2494 before stopping and subsequently welcoming a rebound.

According to the current market analysis, the four-hour level shows a pattern of two bearish candles followed by one bullish candle. The Bollinger Bands are gradually contracting, compressing the space, leading to smaller K-line bodies. However, the KDJ indicator's three lines have formed a dead cross, indicating that bearish momentum exceeds bullish momentum, suggesting that the overall trend is more inclined towards weakness. From the one-hour level, after three consecutive bearish candles, the bulls managed to push back with two consecutive bullish candles. The KDJ and RSI indicators' three lines show an upward turn, but the MACD indicator's fast and slow lines have formed a dead cross and continue to operate below the zero axis, indicating that the current rebound is insufficient to change the overall downward trend. Therefore, for morning operations, we can adopt the strategy of selling high after the rebound.

Bitcoin can be shorted near 105500-106000, targeting 104000-103500.

Ethereum can be shorted near 2560, targeting 2480.