6.27 Initial Thoughts Analysis

From the 4-hour line perspective, after the price surged to a high, it quickly retraced, currently oscillating at a low level, indicating an overall sign of a shift from bullish to bearish.

Regarding short-selling opportunities, if the price rebounds with weak momentum, failing to break through the resistance area transformed from previous important support, and if the trading volume during the rebound does not significantly increase, it indicates insufficient buying power in the market, making it a consideration to enter short. Alternatively, when the price breaks below the current key support level, it means the support below has been breached, and the market may initiate a new round of decline, at which point it is also advisable to short in accordance with the trend.

Operational Suggestions

Bitcoin: Short at 107900-108400, target 104500-106000

Ether: Short at 2450-2470, target 2320-2370