Greed will make you blindly chase highs, while fear will make you panic. You need to learn to control your emotions, maintain calmness and rationality, and operate according to your investment plan and strategy, not being influenced by the short-term fluctuations of the market.

In the early morning, the overall price of the coin shows a unidirectional downward trend, reaching a high point of 120700 before falling back to around 118000 to stabilize, and then entering a rebound correction phase. Currently, Bitcoin is stabilizing around 118800. Ethereum is similar, with the price falling back to 4182 after reaching 4370, currently consolidating around 4230.

Looking at the 4-hour candlestick chart, the price has quickly declined recently, with multiple consecutive bearish candles, breaking below the mid-line, and the short-term trend has shifted from rising to falling, entering an adjustment phase. The DIF and DEA have formed a death cross, and the MACD histogram is negative, indicating the release of bearish energy, and the short-term downward trend is continuing. The one-hour level shows that after the upper track levels off, it heads downward, the mid-line support has failed and turned, and the lower track is relatively flat. The Bollinger Bands are showing signs of widening, indicating increased short-term volatility, with the lower track possibly becoming a key support level. Our morning strategy can focus on bearish positions.

Bitcoin: Short around 118900, target 117500

Ethereum: Short around 4250, target 4180