After yesterday's price increase, the coin price has been fluctuating around 107500 since early this morning, undergoing narrow adjustments and corrections. Currently, the price continues the trend of adjusting, correcting, and slowly rising that started yesterday, but the fluctuations in the trend have been small. Our short position laid out at 107256 this morning was exited with a stop loss of 621 points after the price attempted a second high without breaking through to a new high. We then set up a short position again at 107978, and at 107143, we managed to recover the loss of 835 points successfully. Without significant fluctuations, we chose a short-term, even ultra-short-term approach, appropriately lowering expectations and exiting promptly when there is space, which greatly helps avoid risks and prevents being trapped.

Currently, the four-hour chart shows that after a series of consecutive upward movements, the market is alternating between small bearish and bullish movements, indicating that the temporary correction has not changed the overall upward trend. Looking at the hourly chart, after a slight pullback, a small bullish candle has lifted the price, which is gradually rising above the middle track. The persistent long upper shadow indicates that the pressure from above remains strong, and the bullish momentum is continuously weakening. In the short term, it is challenging to break through the previous highs. The current price is experiencing high-level fluctuations, and there may be overbought correction pressure, with the possibility of high-level fluctuations or even small to medium pullbacks. Caution is advised for chasing high prices at elevated levels, as the price continues to run along the upper track, which may lead to a breakthrough rise, but it is more important to be wary of strong resistance from above.

For Bitcoin, short positions are recommended in the range of 107700-108500, with attention to around 106500. For Ethereum, consider shorting near 2480, with attention to around 2380.