$BTC Every second you wait, you're being left further behind by those who take action.

According to the current market, the four-hour chart shows the market continuing its step-by-step downward trend, with prices trading closely against the lower Bollinger Band. The bearish trend is like a surging undercurrent, clear and powerful. The market has broken through the recent low again, and the bearish candlestick has a full body. Under the powerful bearish attack, the bulls are unable to rebound. From the one-hour chart, the bulls are under downward pressure after rebounding from two consecutive positive candlesticks. The upper shadows of the positive candlesticks indicate that the selling pressure from above persists. The MACD histogram briefly recovered above zero before increasing downward volume again, indicating that the bearish downward trend is not yet complete and the rebound is merely a prelude to a pullback. Therefore, for this morning's trading, we should maintain a long-term strategy.

Bitcoin is open for shorting near 110,500, with a target of 108,000.

Ethereum is open for shorting near 4,400, with a target of 4,280.