$BTC In the cryptocurrency world, every fluctuation is an opportunity given by fate. Don't be discouraged by temporary difficulties; every low point is a chance to accumulate experience and sharpen your mindset. Last midnight, Bitcoin's market first slightly rebounded to around 113388 before facing pressure, and then a strong drop touched a low point of around 111910 before stopping. Ethereum's midnight market moved in sync with Bitcoin, with prices continuing to drop from around 3480, although in the early morning, the market's lowest point reached around 3368.

Based on the current market, the four-hour level shows that after experiencing three consecutive bearish candles, the bullish momentum has formed a rebound with two consecutive bullish candles, but the body of the bullish candles is relatively small, and there are certain upper shadows, indicating that there is still selling pressure above in the short term. The bullish volume is not strong, and the overall market is still hovering at low levels, as it is still in the process of finding the bottom. From the one-hour level, after experiencing a two consecutive bullish candles rebound, it has once again formed a three consecutive bearish candles drop, with the Bollinger Bands still opening downwards. Although there is a bullish rebound tendency along the way, the downward trend has already been established, so the bearish outlook remains unchanged for morning operations.

Bitcoin can be shorted near 113000-113500, with a target of 111000.

Ethereum can be shorted near 3430, with a target of 3300.