$BTC The market is like an ocean, with both turbulent waves and calm tides. The current narrow fluctuations are the eye of the storm where you can review your strategies and anchor your direction, preparing well for the next wave. Bitcoin rebounded after dipping to 107456, reaching a high of 108265, maintaining an overall range-bound oscillation pattern. Ethereum's movement has been in lockstep, continuing to consolidate within a narrow range.

From the perspective of the 4-hour candlestick chart, after the price effectively broke below the middle line of the Bollinger Bands, market momentum did not continue to release as expected. The Bollinger Bands show a clear sign of contraction, with the distance between the upper and lower bands gradually narrowing. The RSI indicator is oscillating between the 40-50 range, neither entering the oversold area nor showing strong upward momentum. During the price decline, trading volume has shown a stair-step contraction, indicating that market selling pressure is gradually being digested. The current price is building a consolidation platform between the middle and lower lines of the Bollinger Bands, with a bearish outlook continuing in the morning.

Bitcoin: Short near 108300-108500, short-term target 106800

Ethereum: Short near 2560, short-term target 2480