7.1 Morning Analysis of Bitcoin and Ethereum:
Bitcoin fell to 106600 last night and then dropped again after rebounding, currently hovering around 107100. The four-hour chart shows a breakdown below the middle Bollinger band, with indicators leaning bearish; although the one-hour chart has support at the lower band, the overall trend remains weak.
Trading Suggestions:
Bitcoin short around 107500 to 107800, with a target of around 106500 to 105500.
Ethereum short around 2500 to 2520, with a target of around 2450 to 2430.
