In the morning, our long positions successfully reached our third target level. Subsequently, Bitcoin made a slight pullback after touching the upper level of 97600, before slowly moving upward again. The first resistance level above is at 98500. If this level is not broken, the market will further decline. Therefore, our afternoon strategy mainly focuses on short positions during rebounds. The hourly chart has currently shifted to a bullish trend, with the market operating in the Bollinger upper band range, overall exhibiting an opening state. Meanwhile, the four-hour bullish energy bars are shrinking, and the market remains in a consolidation state. The daily chart is still in a downtrend, so from a larger perspective, the bearish trend is dominant.
For Ethereum, the resistance above to watch is the integer level of 2700. The last time it could not break through this level indicates strong resistance. Ethereum should also follow Bitcoin's strategy of maintaining short positions during rebounds.
Bitcoin: Short around 98000-98500 during rebounds, targeting 97400-97000-96500.
Ethereum: Short around 2670-2690 during rebounds, targeting 3640-2600-2580.