Yesterday, Bitcoin rebounded after hitting a bottom in the evening, reaching a peak near 116900. Ethereum also made a move, with its rebound high touching around 4380. In the early morning, there were many short positions on the market; let's just nibble a bit.

From the current Bitcoin chart, after two consecutive doji candlesticks on the daily level, it recorded another decline yesterday. A weak pattern is beginning to show on the daily level, with a longer lower shadow indicating strong support below. In the short term, both bulls and bears are still engaged in a tug-of-war within the range. On the four-hour level, the price, after hitting the lower track, started to gradually rise toward the middle track but has not yet sustained this movement. The Bollinger Bands still show a diverging and converging trend downward, and the overall pressure pattern remains unchanged. The main strategy continues to be to short during rebounds:

For Bitcoin, pay attention to the 116500-117000 range for short positions, with the first target at around 115000.

For Ethereum, consider entering short positions around 4330-4360, with an initial target at 4250#币安HODLer空投PLUME $BTC #加密市场回调 $ETH .