Midnight Analysis:

The price of Bitcoin has retreated from around 109600 to near 108000. Overall, it is under pressure and trending downwards, with a four-hour bearish volume forming a downward breakthrough, and a continuous increase in bearish momentum on the hourly chart, reducing rebound strength! There is a downward fluctuation, indicating a continuing downtrend! In terms of operations, we adhere to a high short strategy.

Operation Suggestions:

Bitcoin: Range of 108800-109500, target around 107200-106500

Ethereum: Range of 2560-2610, target around 2490-2450 $BTC $ETH