In the short-term hourly chart of Bitcoin, the Bollinger Bands are in an opening posture, and the market is operating above the upper Bollinger Band. All moving averages are showing an upward trend, but price is facing resistance as it moves higher. The short-term trend is beginning to experience obstacles and corrections, with the current price around 97800. The short-term trend has entered a correction phase; as long as the price does not break down, the market will enter a consolidation at high levels. The strategy remains to hold short positions at high prices and long positions at low prices.
For short positions on Bitcoin, lightly short in the 98500-98000 range, target 700-1000 points, with a stop loss at 98800 and a risk of 500 points.
For the Ethereum short position: short in the 3700-2760 range, stop loss at 30 points, target 50-100 points.