Good morning, brothers! I stayed up until past 3 AM yesterday, but the thunder was loud and the rain was light, and I had no desire to continue, so I took a rest. At midnight, the Bitcoin price dipped to around the support level of 103,400, and after receiving support and stabilizing, the price rebounded to around 105,100. Ethereum also experienced a similar trend, first touching a low of 2,465, then quickly rising and breaking through 2,536. To be honest, with such little fluctuation, it shows that the market is becoming increasingly cautious, and everyone is scared.

From the daily chart perspective, Bitcoin is showing a doji star tail, overall presenting a weak consolidation. The three lines of the Bollinger Bands have fluctuated insignificantly and then tend toward a parallel state. The market is still in a phase of oscillation adjustment, and the pressure from the middle line of the Bollinger Bands on the price is still quite obvious. The overall trend is still slightly bearish and has not fundamentally changed, so for the morning, we will continue to approach it with a bearish mindset.

In the short term, Bitcoin is still hovering around 105,000-105,500, and it can be shorted with a short-term target looking at the first support below at 103,200. As for Ethereum, short around 2,530-2,550, with a short-term target of 2,480-2,478-2,342-06#美联储FOMC会议 39472015211.