$BTC $ETH
According to the current market situation, the four-hour level shows that the price is exhibiting a fluctuating pattern of alternating ups and downs. Although the bulls have provided a certain rebound, the strength of the rebound is not significant. The MACD indicator's double lines are running closely together, indicating a potential formation of a death cross. Its indicator histogram has already fallen below the 0 axis, suggesting that the overall trend is currently weak. The one-hour level shows that after experiencing four consecutive bullish candles and a rebound, the price has retreated again, arriving at the middle track of the Bollinger Bands. Combining this with the overall price movement, the high points after the rebound keep decreasing, which means that the market is likely to continue a weak oscillation in the future. Therefore, in the afternoon operations, we will maintain a strategy of short positions after rebounds at high points for #币安Alpha上新 #加密市场回调 .
Bitcoin can be shorted around 107500-107800, targeting 105500.
Ethereum can be shorted around 2460-2480, targeting 2350.