After yesterday's quiet consolidation, the market has shown fluctuations. Bitcoin reached a maximum of 106480, and Ethereum broke through to the range of 2550 to 2568. In the evening, the current price of Yumi suggests a short position looking down to 104000/2480.
Currently, the hourly MACD is still above the level, but the RSI is extending downwards, showing a top divergence pattern. Short-term bullish momentum is weakening, and the current upward movement has temporarily paused, but the pullback strength is relatively small. Short positions should not rush; if the upward movement cannot break through the resistance level of 107000/2580 this evening, the market is likely to rebound downwards. Conversely, it may continue to break through the next resistance level of 107800/2630. Short positions should pay attention to set their defenses based on their own positions, and we will first look at the market performance after the US stock market opens this evening.
Yumi continues to rebound in the evening; looking down on
Bitcoin
106000-106500 looking down to 104000-104500
Ethereum
2550-2580 looking down to 2500-2480
