$BTC $ETH In the waves of the cryptocurrency world, fluctuations are the norm, and volatility is an opportunity. Every pullback is a buildup of strength, and every shakeout is a selection—only those who endure the cold winter of the bear market and maintain their inner conviction can catch the wings that soar when the bull market arrives. Do not let short-term fluctuations disrupt your rhythm, and do not let the noise of others disturb your judgment. True hunters know how to sharpen their blades in hiding and strike accurately in the trend. Remember, the market never disappoints those who delve deep into research and can endure solitude. Every bit of accumulation now is the foundation for future eruptions. In the afternoon, the market shifted to a consolidation mode: Bitcoin rebounded to the 109041 level but encountered resistance and retreated, maintaining overall narrow fluctuations; Ethereum, although it once surged to a high of 2587, is currently in a downward trend due to a lack of follow-up momentum.
From the 4-hour level trend perspective, when the price tested the upper Bollinger Band area upwards, it encountered significant resistance pressure. Although there was a brief breakout above the upper band, the trading volume did not increase simultaneously, reflecting insufficient market enthusiasm for chasing highs, and the bulls' momentum is hard to sustain. Two consecutive periods closed with long-bodied bearish candles, forming a clear reversal pattern: the first bearish candle completely engulfs the previous bullish candle's gains, creating a typical 'bearish engulfing' signal, releasing a strong signal for a short-term trend reversal; the second bearish candle continues to probe downward, further approaching the middle Bollinger Band, highlighting the continuation of bearish strength.
Bitcoin can be shorted in the range of 108800-109300, with a target near 107300; Ethereum can be shorted in the range of 2580-2600, focusing on target levels of 2520-2470.