On Tuesday, the Bitcoin market fell back to the 106068 line in the morning and then stopped, immediately starting to rebound, with the price peaking at 107727 around noon. Ethereum also experienced a similar trend, with the market rising from the morning's low of 2531 to a high of 2618 before stopping. Sheng Ge also provided a bullish outlook in advance at noon, which was fulfilled, with Bitcoin long positions entered near 106627 and taken profit near 107621, capturing a space of 1000 points.

Based on the current market situation, the four-hour chart shows a trend of probing higher and then falling back, with prices gradually descending towards the middle track of the Bollinger Bands. Along the way, the bulls provided some rebound, but the rebound strength was not significant. After the KDJ indicator formed a dead cross with three lines, it continued to diverge downward, indicating an overall market sentiment that is clearly weak. From the one-hour perspective, the market is again approaching the lower track of the Bollinger Bands after three consecutive bearish candles, and the MACD indicator is in the negative range at this level, with the histogram operating below the 0 axis and gradually increasing, suggesting a clear bearish trend in the short term and an expectation of further market decline. Therefore, in the afternoon, we are optimistic about a rebound followed by a bearish downtrend.

Short Bitcoin around 107500, targeting 105000.

Short Ethereum around 2600-2620, targeting 2500#BTC☀ .