$BTC According to the current market situation, the four-hour level shows that after a round of decline, the market has experienced a rebound with two consecutive bullish candles. However, the body of the bullish candles is relatively small, and the current price is also showing signs of stagnation. The KDJ indicator's three lines, after a period of convergence, are extending downwards again, and the MACD histogram is gradually shrinking above the 0 axis, indicating that the trend is likely to enter a downward phase. From the one-hour level, the market shows a staircase-like upward movement, but the Bollinger Bands are opening downwards, and the middle line is moving down, combined with the KDJ indicators K and J values both entering the overbought area and turning downwards, indicating that bearish momentum is gradually diverging. Therefore, in the morning operations, we will adopt a high short strategy.
Bitcoin can be shorted around 115500-116000 with a target of 114000.
Ethereum can be shorted around 4800-4830 with a target of 4700.