$BTC Perhaps you have encountered setbacks in the cryptocurrency world and experienced losses, but these are only temporary. Learn from failures, adjust your strategy, and set out again with a more determined belief and a more mature mindset; the next one to achieve a leap in wealth is you! On Thursday afternoon, the Bitcoin market continued the upward trend from midday, with the price climbing from a low of 114211 to a high of 116782. The Ethereum market also followed Bitcoin's path in the afternoon, experiencing strong upward movement, reaching a high of 3843 near the evening. Due to the continuous upward movement in the afternoon, Brother Sheng did not blindly choose to enter short positions but instead followed the trend to lay out long positions for Bitcoin and Ethereum after both prices broke out, entering around 115556 and 3763, respectively, and suggesting taking profits around 116644 and 3831. The Bitcoin long position gained 1100 points, while the Ethereum long position gained 68 points.

Based on the current market, the four-hour level shows that after successfully breaking through the upper Bollinger Band with a strong bullish stretch, the market is gradually showing a correction trend. The long upper shadow on the bullish candle indicates that there is certain selling pressure above. Currently, the price has also pulled back, revealing a trend of rising then falling. From the one-hour level, after a series of seven consecutive bullish candles, the upward momentum has slowed, and the KDJ indicator has turned down after the J value entered the overbought area. The RSI indicator also shows a turning point. Currently, the continuation of the bullish trend is being interrupted, and momentum is gradually weakening, so for the evening operations, we can proceed with a high short strategy.

Bitcoin can short around 116800-117000 with a target of 114000.

Ethereum can short around 3850-3870 with a target of 3750.