Starting in the early morning, the coin price continued to decline, touching the low point of 100789 and rebounding at the bottom. During the day, the price of Bitcoin warmed up to a high of 103362 under pressure. The overall market yesterday generally revolved around a slow upward trend, with the coin price gradually rising. Currently, the price of Bitcoin has once again encountered a pullback, running around 102400. Ethereum began a one-sided downward trend last night, reaching a low of 2213 and stopping there, with the current coin price slightly rebounding, running around 2280.

The four-hour chart still shows a bearish pattern, and there is almost no support below, making a decline inevitable. The highs are continuously decreasing, indicating a clear bearish pattern, and the moving averages are also trending downwards. The candlesticks are being suppressed, and the temporary stagnation in the short term is merely the bears accumulating energy. The pattern still remains in a downward trend, as there has been no large pattern that only rises without falling. The lows of this pattern can be found in the range of 103500-102000, and the main theme currently is to short on the rise.

Operational Suggestions:

Short Bitcoin around 103000-102500, with a target of 100000.

Short Ethereum around 2300, with a target of 2200#BTC走势分析 .