Currently, the daily level has formed a series of continuous bearish candles, showing a short-term downward trend. At the hourly level, a small rebound is observed after the US market opened, with small candlestick bodies, indicating that market sentiment is becoming cautious. The MACD at the hourly level is below the zero line, with both DIF and DEA being negative, and the MACD histogram gradually shortening, indicating a weakening of bearish strength, possibly entering a consolidation phase; the RSI at the hourly level is at 47, not entering the overbought or oversold ranges, but overall skewed towards weakness, reflecting insufficient market momentum. In the hourly EMA, EMA7 and EMA30 crossed downwards and continue to move downwards, with the price currently close to EMA7, showing signs of short-term support; EMA120 is far from the current price, maintaining a long-term bearish trend. In terms of daily operations, continue to focus on high shorts.
Bitcoin
Long at 114500-115500, target 117200-118200
Short at 118500-117500, target 116000-115000
Ethereum
Short at 4370-4340, target 4210-4170
Long at 4150-4190, target 4280-4330$BTC