The overall adjustment of Bitcoin over the weekend was limited, mainly fluctuating within a range. In the short term, the resistance level is at 118500 and the support level is at 117000. If the fluctuation rhythm of this range can be accurately timed, the profit potential is worth looking forward to. The current coin price is hovering around 117300.

On the technical side, the daily line continues to close with a bearish candle, and the short-term rebound momentum is insufficient. In the 4-hour chart, the Bollinger Bands are narrowing, and the coin price faced resistance and fell back after rebounding to the middle band position, followed by several consecutive bearish candles, indicating clear short-term pressure. Combined with various indicators leaning bearish, today it is advisable to focus on the downward trend; it is recommended to primarily take short positions.

Bitcoin: Layout short positions in the 117600-118000 range, with a target looking down towards around 116000.

Ethereum: Layout short positions in the 4500-4530 range, with a target looking down towards around 4300.#BitDigital转型