In the past two days, Bitcoin and Ethereum have continued to fluctuate within a narrow range. Multiple signals are being released from a technical perspective: the emergence of the Red Three Soldiers candlestick pattern, a bullish crossover in the KDJ indicator at a low level, and the characteristics of a bottoming pattern with reduced volume suggest that short-term tentative rebound momentum is accumulating.

From a trend perspective, the current market maintains a fluctuating upward rhythm in the short term, but the highs are showing a stair-step downward trend. It is recommended that Bitcoin continues to be short on rebounds as long as it does not break above 106,000.

Personal advice is for reference only.

Short Bitcoin around 105,500, targeting a drop to the 103,000 level.

Short Ethereum around 2,550, targeting a drop to the 2,450 level.