From the 4-hour chart perspective, Bitcoin and Ethereum have shown the same pattern. After a series of consecutive positive candles recovering upwards, the Bollinger Bands are opening upwards. The price is currently oscillating around the upper range of the channel. In the short term, it is fluctuating near the upper band, and today it may continue to maintain this oscillation and consolidation. In terms of trading, one can look to sell from the upper range to the lower range, and then consider accumulating long positions at the lower level. With significant fluctuations, getting the right entry points for both long and short positions can provide us with good opportunities!
Bitcoin can be shorted in the morning at 93500-94000, with a target near 91800, while Ethereum can be shorted at 1800-1830, with a target near 1700.
