Current Market: Bitcoin and Ethereum are in a range-bound fluctuation, with small volatility, few opportunities, and quiet trading; caution is needed in judgment.

Technical Aspect: Bearish dominance, 4-hour rebound met resistance with two bearish candles (pressured by the middle Bollinger band), 1-hour three consecutive bearish candles broke the middle band, short-term bearish momentum is strong, likelihood of continued decline is high.

Bitcoin Strategy: Short in the 111400-111800 range, targeting 109000.