From the hourly Bollinger Bands perspective, the channel is currently basically flat, indicating that short-term bullish and bearish forces are relatively balanced, and the market does not have a clear direction, remaining in a state of consolidation. Last night, the price briefly broke above the middle band, indicating that bullish strength has increased, temporarily breaking the previous balance pattern. The market trend in the early hours is still centered around short positions at high levels.
Operation Suggestion
For Bitcoin, short around 113000-113700, with a target looking down at 112000-111500.
For Ethereum, short around 4650-4660, with a target looking down at 4600-4560.