This afternoon, Bitcoin and Ethereum continued to show a weakening trend. Bitcoin's price fell sharply, reaching a low of 114300, and Ethereum was not spared, dropping to a new low of 4192. However, both have since rebounded and are currently in a low-level oscillation phase.

From a technical perspective, the bearish forces continue, and the market is in a weak downward trend. The Bollinger Bands maintain a downward channel, with prices fluctuating repeatedly between the middle and lower bands, forming a clear oscillation box. Moreover, as the market develops, the highs and lows continue to decline, indicating a significant lack of bullish momentum in the short term. The MACD energy value shows a weakening of bullish power, with bearish pressure from short-term selling gradually dissipating. The market is currently forming a bottom support, preparing for the next upward surge. In the future, key focus will be on the resistance levels above; if effectively broken, there is hope for continued upward testing of higher levels; conversely, if unable to break through resistance and instead turns downward, the decline may further widen. Ethereum's trend is synchronized with Bitcoin, and the gains and losses of the upper resistance and lower support levels are equally critical.

Tuesday evening operation suggestion: Short Bitcoin in the range of 115700-116000, target 114000.

Tuesday evening operation suggestion: Short Ethereum in the range of 4330-4350, target 4150.

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