Today is Monday, and so far, the price fluctuation of Bitcoin has not been significant. Every time the price rebounds, it encounters resistance and cannot rise further, and the overall trend does not look strong. We have shorted several times above $108,000 and have basically captured the opportunity for price decline. In the current market, whether it rises or falls, it is difficult to sustain, and the strength of both buyers and sellers is weakening, so in the short term, it is still possible to short when the price is high.

From the current price trend, the price is still declining in the short term, but the rate of decline has decreased, and a one-sided market is not expected for now. From the 4-hour candlestick chart, we can see that after the Bitcoin price rose to $108,700, there have been several consecutive bearish candles, and the price is moving down. Although the drop is not substantial, it is clearly being pressed by resistance above, and the price is nearing the middle line. If it breaks below the middle line, the price may continue to decline.

Ethereum's situation is similar, also having a rebound followed by a pullback. During the day, we suggested shorting around $2,500, and we have already made some profit. From the 4-hour candlestick chart, there are consecutive bearish candles, and all indicators are moving down, with fewer traders participating. Unless a large amount of capital enters to buy, the price is likely to continue to oscillate downwards, so the focus in the short term is still on shorting.

Earlier this morning, the short positions we took above $108,000 have now earned about 1,000 points, so we can sell part of it to secure some profit and hold the rest to see if it can drop to $106,000. The short positions around $2,500 for Ethereum should also sell part first, and continue to monitor the $2,400 level.

If the price drops to last night's low around $102,500, we can consider buying, with a target price initially set at $103,500 - $104,000. For Ethereum, we will still operate according to the morning's strategy, buying between $2,550 - $2,580, with a target price of $2,680.