Today's Bitcoin market showed a pattern of first falling then rising and then experiencing pressure again: In the morning, the price of Bitcoin fell to a low of 108559 before stopping the decline and rebounding. In the afternoon, it went up to near a high of 110508 and then encountered pressure again, failing to continue the upward trend. Ethereum's performance on the same day was similar, falling to a low of 4311 in the morning before stabilizing, and then entering a range-bound oscillation phase. The price fluctuated around the 4373-4454 range without any obvious breakthrough direction.

From the market perspective, Ethereum's daily line closed with a solid and full bearish candlestick yesterday, ending the previous strong bullish market and starting a downward trend, which is completely consistent with the recent bearish strategy forecast. Although the current price has rebounded, the momentum is weak - according to the previous analysis logic, before effectively breaking through the upper resistance level, all rebounds can be regarded as signals to short. However, there is still some short-term rebound correction space, and the daily line is temporarily consolidated with a small positive candlestick. Observing the 1-hour chart, the price has entered a downward channel, and the Bollinger Bands' three tracks are moving downwards synchronously, showing a 'rebound is difficult to exceed the previous high' oscillating decline characteristic. The current market volatility is large, and the precision of entry points is required to be higher. In terms of operation, it is still recommended to adhere to the idea of choosing high points to short.

Tuesday evening's strategy: Bitcoin short in the 110300-110800 range, target near 108000.

Tuesday evening's strategy: Ethereum short in the 4430-4460 range, target near 4300.$BTC $ETH