From a four-hour perspective, Bitcoin had a wave of upward movement earlier, but subsequently showed a series of bearish candles, indicating a significant price correction. The recent candlesticks show that both bulls and bears are still in fierce contention, with the overall trend leaning towards a downward direction; looking at the one-hour chart, Ethereum has recently shown long upper and lower shadows, indicating that both sides are vying for price control. Furthermore, in recent times, several bearish candles have appeared, displaying a downward trend in price, with bearish forces gaining the upper hand.

From the short-term technical indicators and candlestick patterns, both ETH and BTC are in a downward trend and may continue to face downward pressure in the short term. For subsequent operations, we can rely on the support levels below to go long.

Bitcoin: 112500-112000 long, target 114000

Ethereum: 4700-4670 long, target 4780