The market for Bitcoin in the afternoon continues to show little volatility, fluctuating up and down by a few hundred points. The movement remains relatively slow, with the price oscillating around 94500 during the noon session. In the afternoon, bears also experienced a brief surge, but the momentum was weak, only pulling the price back to around 94000. The bears have repeatedly tested the support level below, but have not been able to break through further. The support provided from below remains quite strong. Currently, the price is running around 93800. The movement of Ethereum is similar to Bitcoin; in the afternoon, bears pushed the price down to around 1780, followed by a period of consolidation.

From the current perspective, after Bitcoin reached a high in the morning and then retraced, it has repeatedly tested the support from below, without any effective breakthroughs. The opening of the Bollinger Bands shows a downward trend, and Bitcoin is overall showing a trend of oscillating downward. The strength of the bears is slowly being released. On the hourly chart, Bitcoin's trading range is showing a slow contraction trend, and the price has fallen from the middle band. Currently, the price is stabilizing near the lower band. Bitcoin has been in a sideways consolidation phase throughout the day. At this point, in the tug-of-war between bulls and bears, the strength of the bears is slightly greater than that of the bulls. In the evening, we can continue to maintain our daytime strategy; if a breakout occurs, we can follow up accordingly. Everything will be based on the actual situation at that time.

In the evening, Bitcoin can be shorted at 94000-94500, with a target near 93000. Ethereum can be shorted at 1780-1810, with a target near 1730. #BTC $BTC