Investing in the cryptocurrency market is a marathon, not a sprint. Success often belongs to those who are patient and willing to wait. Do not lose patience due to temporary gains or losses; learn to remain calm amidst the market's fluctuations and use time to exchange for spatial gains. Last midnight, Bitcoin's price rose as expected, reaching a peak of around 108,900 early in the morning before starting to decline. Ethereum's price movement mirrored that of Bitcoin, rising from a low of 2,594 last night to a high of around 2,683.

From the current market perspective, the four-hour level shows that after experiencing a round of gains, the bears have delivered a large bearish candle, causing the price to retrace to below the upper Bollinger Band. The KDJ and RSI indicators are all showing a downward turn. In the short term, the bulls are firmly suppressed by the bears. Looking at the one-hour level, the market is showing a two consecutive bearish candle trend approaching the middle line of the Bollinger Band. The KDJ indicator has formed a death cross at this level and continues to extend downward, with bearish momentum continuing to diverge. Therefore, in the morning operations, we will adopt a high-short strategy.

Short Bitcoin around 108,500 with a target of 106,000.

Short Ethereum around 2,600 with a target of 2,500.