From the hourly technical perspective, the price of Bitcoin has fallen below the lower Bollinger Band, and both the middle and lower bands are trending downward, clearly indicating a strong bearish trend with sufficient downward momentum in the short term. In terms of trading strategy during the early morning, it is recommended to primarily short in line with the trend. However, due to the price being oversold, a rebound may occur to some extent in the short term. It is essential to closely monitor the pressure at the key level of 100,000; if this level is effectively pressured, the rebound may continue.
Short Bitcoin in the 99,500-100,000 range, target 97,500.
Short Ethereum around 2,200, target 2,050.
(Recent market fluctuations have been significant, so remember to strictly set profit and stop-loss points to avoid sudden market spikes.)
