$BTC $ETH The market trend in the afternoon is relatively slow, with fluctuations of less than a thousand points. During the day, the focus is mainly on short-term trades, cleverly capturing low-buying and high-selling opportunities within the range. After rebounding to the 108900 mark in the afternoon, Bitcoin quickly faced pressure and retreated, currently maintaining a volatile state around 108500. As long as this market trend is grasped properly, the profit potential remains considerable.

The daily level closed with a small bullish candlestick yesterday. Although the K-line shows an alternating pattern of bullish and bearish fluctuations, it is worth noting that the current price remains stable in the high range. The momentum for breaking through the short-term highs is slightly insufficient, and in the afternoon, the price repeatedly tested the resistance above but was pressured to retreat, showing a downward trend in fluctuations, with bearish sentiment still being the main trend; Bitcoin is in a descending channel on the 4-hour level, with Bollinger Bands tending to be parallel, and the price is not showing significant volatility. The MACD indicator continues to expand below the zero axis, although there is a slight rebound, the bullish sentiment does not have much continuity. Focus on the middle track support level, first looking for a rebound, and continue to short on rallies, waiting for news and the opening of the US stock market to unfold, with actual operations mainly based on the real market.

Bitcoin can be shorted near 109000, with a target around 107200;

Ethereum can be shorted at 2630-2650, with a target around 2550. #BTC #ETH