From a technical analysis perspective, the four-hour K-line chart of Bitcoin maintains an upward trend, but the speed of the rise has significantly slowed down, and a divergence phenomenon has appeared, indicating that the upward momentum of the bulls is weakening. The red bars of the MACD indicator are continuously shortening, and the dual lines are about to form a death cross, sending a strong bearish signal; the RSI indicator is turning down in the overbought area, and the three lines of the KDJ indicator are diverging at a high level, all indicating that a short-term top has emerged. Based on the current pattern, it is highly likely to continue the downward trend. It is recommended to pay close attention to the resistance level in the range of 107200-107600. If a rebound meets resistance in this area, one can successively look towards the support levels of 106000 and 105200 to seize opportunities in the downward trend.

Operational advice:

Short Bitcoin near 107800-107200, target 105500.

Ethereum can be positioned near 2470 for a short position, target 2370#币圈现状 .