The path in the cryptocurrency world is long and full of unknowns, but as long as we have ambition and are brave enough to move forward, nothing can stop our steps. Even slow progress is better than stagnation. Each step brings us closer to our goal, and eventually, we will reach the shores of success. On Wednesday morning, the Bitcoin market showed a volatile upward trend, reaching a high of 106750 before facing resistance, and then the price slightly retraced to a low of 105949. Ethereum also followed a similar trend, with the price descending from a morning high of 2468 to a low of 2424.

From the current market perspective, the four-hour level indicates that the market is showing a series of upward movements, but it is clear that the real body of the bullish candles is relatively small, and there have been multiple upper shadows, indicating that there is still selling pressure above. Additionally, after the KDJ indicator's three lines entered the overbought zone, the risk of a pullback has significantly increased. From a one-hour level, after a slight retracement, the market rebounded again, and the KDJ indicator's three lines turned upward after forming a dead cross, but the MACD indicator's two lines are running downward, forming a top divergence pattern, indicating that the upward trend is gradually nearing its end. Therefore, in the afternoon, we will operate with the strategy of selling high after a rebound. #币安Alpha上新 #BTC☀️

Bitcoin can be shorted near 106500-107000, with a target of 104500.

Ethereum can be shorted near 2460-2480, with a target of 2360-2380.