On the four-hour chart, the fast line and slow line are very close together, and the red and green bars are small and fluctuating, indicating that there is not much direction in the short term. The 7-day and 30-day moving averages are repeatedly crossing, making it difficult for the price to move up or down, with 106500 becoming the key point in the afternoon; if it breaks below, it will be weak, and if it stands above, it will be strong.

On the Ethereum side, several attempts to reach the high point have failed, and there is a slight downward trend in the short-term movement. In the afternoon operation, if it can't rise, consider going short; but if it rebounds and can steadily hold the key position, a change of strategy is necessary. If it breaks down directly, then follow the short.

Operation suggestions

Bitcoin is oscillating around 107200-106800, with a target of 105500-104500.

Ethereum is oscillating around 2460-2470, with a target of 2410-2390.

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