The price comparison retreated to a low point of 99547 again in the early morning, and the market formed a double bottom structure again, then rebounded to a high point of 106050. Ethereum also followed the same trend as Bitcoin, retreating to a low point of 2187 and stabilizing before rebounding to a high point of 2440. Currently, the bullish market has gained strong structural support and is now in a correction phase.

From the current market perspective, Bitcoin's daily chart shows signs of a rebound from the bottom again, with the price stabilizing near 995. It then rose to the mid-track area, currently facing key resistance at 106500, which is also near the previous starting point of the decline. This position's gains and losses should be closely monitored. On the four-hour chart, there is a continuous trend of rising candles breaking the mid-track, while the upper track is under pressure and shows a pullback. The Bollinger Bands are also opening and running horizontally. Therefore, during the day, we should focus on whether the upper first resistance level can be effectively broken, and continue to approach with a high-altitude strategy.

This morning, Bitcoin can be shorted in the range of 105300-105800, with a target near 104000. Ethereum can be shorted in the range of 2420-2450, aiming for a target near 2300. #比特币 $BTC