$BTC $ETH The early market trend rebounded after hitting the bottom in the early morning, with bulls continuing to increase volume to reach the high point around 108500. After facing pressure and retreating, bears once again increased volume to move lower, with the lowest point testing the 107400 line to stop the decline, overall showing a slight consolidation trend. Currently, Bitcoin is fluctuating around 107700. In the morning, we set up a short position as the price rebounded to around 108400, and took profit as it fell to yesterday's low near 107500, capturing nearly 900 points of movement. The market is just that easy to grasp, are you keeping up with the rhythm?

From the current market view, the daily line has consecutively tested lower with signs of probing the middle track support. Although the short-term retracement has not broken previous key support, the ongoing tests near support suggest that there is still room for further decline. The middle track position previously tested with a lower shadow pattern before a strong rebound occurred; once broken, it will open up space below. As the price rises, the middle track position comes to around 106500, coinciding with the previous support level, showing a clear weak structure. On the four-hour chart, the K-line broke below the middle track support and is operating between the middle and lower tracks. In the early trading, bulls increased volume to test above the middle track but quickly formed an upper shadow and moved lower, with both upper and lower shadows appearing at the end of the session. In the Asian trading phase, the selling pressure above and buying strength at the bottom are both strong, and in the short term, there may be a game around the middle and lower tracks. The indicators show a bearish trend, and the market is gradually testing the lower track support, with bears showing stronger performance, maintaining a bearish outlook in operations.

Bitcoin is recommended to short in the range of 108000-108500, targeting around 106500; Ethereum is recommended to short at 2550-2580, targeting around 2480. #BTC #ETH