The Bitcoin market continues to show a box-shaped fluctuation pattern, with a noticeable narrowing of the price fluctuation range. The Ethereum market initially faced resistance at the 2552 level in the early morning and then quickly retreated, before dramatically making a deep V-shaped reversal.

From a 4-hour technical analysis perspective, the market is currently showing a slight downward trend, with the fluctuation range gradually narrowing. Although there was a rebound after testing the lower Bollinger Band, it failed to effectively break through the resistance at the middle band, indicating a lack of bullish momentum in the current market. Despite some rebound signals being released, the ongoing low trading volume and the RSI indicator being in a weak zone suggest that the current rebound strength is limited, and the upper space is significantly suppressed. It is recommended to seize opportunities for high selling and low buying within the range while closely monitoring the breakthrough of key resistance levels.

Bitcoin: Short near 105500-106000, short-term target 103000

Ethereum: Short near 2560-2580, short-term target 2480