$BTC Bitcoin and Ethereum have had a rebound, but after surpassing the threshold of 106000, it has not been maintained, falling under pressure. Ethereum has managed to surpass the threshold of 2550 and is currently narrating close. In the strong price rebound, we need to act quickly to take advantage, following the trend, securing profits, capturing around 1300 points, and changing strategy in time to reverse the situation.
In the 4-hour chart, the candles have closed in an inverted line after a series of bullish candles, and currently, there is no clear support near the price threshold, but the pressure above is evident. In the 1-hour chart, the price shows an overbought state, the candles have closed quickly, and in the future, Old Wang suggests maintaining a bearish outlook.
Trading suggestions:
Buy Bitcoin near 106300, target around 105000.
Sell Ethereum at the current price, target around 2500.