There are no shortcuts in the cryptocurrency world; getting rich overnight is merely a stroke of luck. True winners understand how to settle amidst the noise, maintain their stance during fluctuations, and are not swayed by temporary rises and falls. They do not let short-term gains blind their eyes. Last midnight, Bitcoin exhibited a pattern of rising then falling, with the price first peaking at around 108,398 before stopping, followed by a rapid decline, with the price hitting a low of around 105,700 in the early morning. Ethereum's market moved in sync with Bitcoin, initially rising slightly to a peak of around 2,773 before starting its downward trend, with the morning low reaching around 2,617.

Based on the current market situation, the four-hour chart shows that the market has not provided a decent rebound, with prices presenting a series of bearish candles that have broken through the lower Bollinger Band. Bearish momentum continues to expand, fully opening the downside space. From the one-hour chart, after experiencing a rebound, the market faced resistance, with strong pressure from above, and bullish momentum failing to support a sustained price breakout. Currently, the price shows four consecutive bearish candles. After the KDJ indicator's three lines formed a death cross, they began to diverge downwards, indicating that the overall market has entered a weak state. However, since all three lines of the KDJ indicator have entered the oversold zone, and the three lines of the RSI indicator have slightly turned upwards, there is a possibility of a technical rebound in the future. Therefore, we will adopt a strategy of shorting after the rebound in the morning.

Bitcoin can be shorted around 106,500 with a target of 104,000.

Ethereum can be shorted around 2,680 with a target of 260,001,705,278,992.