Based on the analysis of the current 4-hour candlestick trend, the market is overall in a sideways consolidation state. Prices are consistently under pressure below the middle band of the Bollinger Bands, and the fluctuation range continues to narrow. Currently, market activity is insufficient, and the trading atmosphere is relatively quiet. It is recommended to continue the strategy of selling on highs as suggested yesterday.
Operation Suggestion:
Bitcoin: Short around 108000-108600, target 106500
