The morning Bitcoin has strongly continued its upward trend, reaching a peak of 108900 during the session, hitting our target range, allowing for a successful exit. However, it failed to break through effectively, followed by a rapid pullback, currently retreating to around 107500, entering a corrective adjustment phase in the short term; Ethereum, after experiencing a long period of sideways accumulation, quickly surged to around 2680, then similarly dropped sharply below 2600, failing to reach the 2700 target.

From the current trend, a strong resistance has formed on the four-hour chart, indicating a certain need for short-term correction. On the hourly chart, the current bearish volume is strong, with significant selling occurring at high levels, largely erasing previous gains. If it cannot stabilize in the 106800 range, it will continue to drop below 106000.

Short Bitcoin from 106700 to 107100; if it breaks 10600, look for around 105200. Short Ethereum around 2580, look for around 2490.