$BTC #MetaplanetBTCPurchase

Bitcoin and Ethereum showed a synchronized movement of rise and fall between midnight yesterday and this morning. Bitcoin rose sharply to an intraday peak of 108,900 during the early hours but faced pressure and retraced; Ethereum, for its part, rose from a low of 2,594, reaching a high of 2,683 before following Bitcoin's correction trend. In the early hours of last night, we positioned a short sale around 107500, but unfortunately, we lost 1000 points around 108500. However, as the market continued to hit the high, we decided to keep short selling, positioning a short sale around 108800, and recovered the loss by making a profit close to 107500.

Observing the four-hour chart formation, after a significant increase, the bears strongly descended through a large dark candle with a full body, breaking the resistance of the upper Bollinger band, forming a clear reversal signal. This large dark candle not only engulfed part of the previous rise but was also accompanied by a significant increase in trading volume, indicating that the bears are currently in a state of accumulation. On the one-hour line, the market continues with the downward momentum, presenting a drop after two bullish candles, testing the support of the middle line. If it breaks, there will be a continuation of the decline. In morning trading, maintain a bearish outlook.