Yesterday's market once again completed its movement. The market didn't move much, but the intra-day fluctuations were basically all captured. After a wave of chasing shorts on Bitcoin at 1517 points in the early morning, the price moved higher. As indicated by the provided technical analysis, after breaking the effective resistance level, another round of long positions was pursued, leading to a profit of 1330 points on Bitcoin. In the afternoon, the market offered another rebound, aligning with our short entry points. We continued to closely follow Bitcoin shorts, taking advantage of this bearish trend and capturing a space of 1050 points. Overall, the intra-day market showed a tendency to oscillate, unable to break through resistance on upward attempts and lacking continuation on downward moves. The daily chart presented a doji candlestick pattern. Ethereum exhibited a similar trend, with the 4-hour chart repeatedly encountering resistance and retreating after testing previous highs. The upward pressure is quite evident, and there are still signs of further declines in the future. In the early morning, we should continue to monitor the pressure around 106500 as this point will determine the adjustment space for the future market. A successful recovery will lead to further upward movement, while failure will prompt a deeper correction. As long as the critical resistance level is not reclaimed, the market outlook remains primarily bearish. In the early morning, we should maintain our approach of rebounding and shorting.

Bitcoin can be shorted in the range of 105500-106000, targeting around 103800; Ethereum can be shorted in the range of 2430-2460, targeting around 2220. #加密市场反弹 $BTC