The Bitcoin market on Friday morning did not break out of a significant range, with prices continuing to oscillate between the high point of 104869 and the low point of 104338. The Ethereum market, after reaching a high of 2534 in the morning, experienced a slight pullback, with prices touching a low of 2514.

Based on the current market conditions, the four-hour level indicates that the market is in a state of oscillation and consolidation, with both bulls and bears in a balanced position, showing no significant continuity or space. The trading volume has also remained sluggish. From the one-hour level, after experiencing consecutive bullish rebounds, the bears have responded, and prices are entering a pullback. The KDJ and RSI indicators are turning downwards, and the MACD histogram is gradually shrinking above the zero axis. Therefore, in the afternoon operation, we still maintain a high short approach.

Bitcoin can be shorted near 105300-105000, with a target of 103000.

Ethereum can be shorted near 2550, with a target of 2450.