$BTC The cryptocurrency world is ever-changing. Only by remaining true to one's original aspiration can one find the brightest light amidst the turbulence. Bitcoin's market remained within a broad range on Monday morning. After reaching a high of 114,963 in the morning, the price fell under pressure, reaching a low of 114,089 by midday. Ethereum's market followed Bitcoin's trajectory, falling from a morning high of 3,576 to a low of 3,520. While the overall market didn't fall as sharply as expected, there's still room for profit. Brother Sheng's Bitcoin short position, entered near 114,837, and exited near 114,160, yielding a 700-point gain. His Ethereum short position, entered near 3,562, and exited near 3,529, yielding a 33-point gain.

The current market situation, as shown by the four-hour chart, is gradually rising after breaking through the middle Bollinger Band. Although bears haven't allowed significant retracement along the way, they have blocked the continuation of the bullish trend. Furthermore, the upper shadow above the bullish candlestick body indicates significant selling pressure from above. Furthermore, the Bollinger Bands are gradually narrowing downward, suggesting a potential pullback. The one-hour chart shows the market rebounding after a period of decline, with two consecutive positive lines. However, the MACD indicator is gradually converging, and the histogram is below the 0 axis. This suggests a strong possibility of a reversal to the downside. Therefore, for afternoon trading, we maintain our strategy of buying high after the rebound.

Bitcoin is open to shorting around 115,000, with a target of 113,500.

Ethereum is open to shorting around 3,600, with a target of 3,480.