Today's classic V-shaped reversal pattern is presented. Bitcoin first dipped to the 102614 line during the Asian session and formed a technical rebound after falling due to news, reaching a high point of 105459. Subsequently, influenced by profit-taking, it found support at 104069 and rebounded again. When Ethereum dipped to the 2433 line in the early session, the rebound ultimately faced resistance at the 2585 line.

First order layout: After observing the 108200 level, a short position was decisively established, and it was eventually closed at 105900, capturing a 2300-point swing profit. Reverse long position: When Bitcoin retraced to 103200, a golden cross appeared on the 1-hour MACD and KDJ entered the oversold area, we established a long position. It was eventually closed at 104400, gaining a 1200-point space.

From the 4-hour candlestick analysis, the current market is overall showing a weak pattern dominated by bears. The price continues to be pressured below the middle track of the Bollinger Bands, which shows a clear downward trend, and the candlestick combination is mainly composed of bearish candles, indicating heavy selling pressure in the market. In terms of technical indicators: the Bollinger Bands are expanding, indicating that market volatility is increasing, and the current price is running close to the lower track. Only an effective breakthrough of the middle track can reverse the weak pattern; in the MACD indicator, both the DIF and DEA lines continue to run below the zero axis, with the red momentum bars continuing to grow, highlighting strong bearish momentum; although the KDJ indicator shows that K and D values have left the oversold area and J value has risen, the three lines have not stabilized above the 50 mid-axis, making the sustainability of the rebound questionable; RSI6 has entered the oversold area indicating a potential short-term rebound demand, but RSI24 has not yet confirmed a bottom formation, caution is needed for possible downward continuation. Overall, the bears dominate with multiple advantages such as price breakdown, enhanced MACD momentum, and downward opening of the Bollinger Bands, while the bulls only rely on the embryonic golden cross of KDJ and the RSI6 oversold signal to seek short-term rebound opportunities, clearly at a disadvantage in strength comparison.

Bitcoin: Short near 105500-106000, short-term target 103500

Ethereum: Short near 2560-2580, short-term target 2480