The true contract hunter always keeps the last bullet for themselves—bankrupt gamblers have no future, while living warriors always hold the possibility of turning the tide. In this 24-hour hunting ground, the most deadly trap is precisely that relentless self in front of the screen: the tighter you focus on the market, the quicker your judgment fades; the stronger your emotions, the easier it is for decisions to spiral out of control. The midday Bitcoin successfully broke through the 106,000 mark, and the price promptly surged, briefly stabilizing at 106,500. Unfortunately, our midday bearish outlook was swept away with a loss of over 400 points. The current price is around 106,600.
From the current market perspective, the hourly chart shows a four consecutive bullish candles, with the price under pressure running along the upper band of the Bollinger Bands. The bullish bars are gradually rising, but after breaking above, the price increase has not shown significant fluctuations, indicating severe selling pressure above. The KDJ indicator has all entered the overbought zone, suggesting that the market is about to enter a tug-of-war between bulls and bears. Whether it can successfully stabilize at the 107,000 mark remains uncertain. In the afternoon, we can look to short near 107,300.
Bitcoin outlook: Short near 107,300-107,600, with a target of 105,500.
Ethereum outlook: Short near 2,640-2,660, with a target of 2,580.
