On Monday, the Bitcoin market experienced limited fluctuations, with the price rebound facing resistance and failing to maintain the upward momentum, overall patterns have yet to strengthen. Previously, we placed multiple short orders above 108000, which have yielded a pullback space. Currently, both bulls and bears lack continuity, and market momentum has significantly weakened; a short-selling strategy on rallies can still be adopted in the short term.

From a technical perspective, the small cycle is in a downward trend. Although the short-term space is narrowing, the conditions for a unilateral market are not yet in place. On the 4-hour chart, after the price rebounded to the 108700 line, it has continuously closed in the red, clearly suppressed by the upper boundary. There are signs of testing the middle line; if it breaks below the middle line, bears may further probe downwards.

Ethereum's movement synchronized with a rise and subsequent fall, with short orders placed around 2500 during the day already yielding profits. The 4-hour K-line has consecutively closed in the red, and the auxiliary indicators are diverging downward, along with shrinking trading volume. Without buying support, the price still has room for fluctuation and decline; the short-term focus remains on bearish strategies.

Operational Suggestions:

- BTC: Short positions above 108000 during the early morning and daytime can take some profits, with the remaining position looking down to the 106000 line; consider buying on dips near the low point of 102500 from last night, targeting the 103500-104000 area.

- ETH: Reduce short positions near 2500 and continue to monitor the 2400 support; maintain the morning strategy, buying in the 2550-2580 area, targeting the 2680 line.