The price comparison of #BTC #ETH surged through the night, reaching a peak of 109730 before slightly retreating. During this period, it made multiple upward attempts without achieving an effective breakthrough, and is currently fluctuating around the 108600 level. The altcoin initially spiked to 2618 in the morning but quickly retreated to around 2580 for adjustment.

From the 4-hour candlestick chart, a divergence between price and volume is evident, while the Relative Strength Index (RSI) has surged to the overbought range of 89, and the upward momentum of the MACD indicator is continuously weakening. These signals indicate that the bullish momentum may be insufficient for further upward movement. Currently, the overall market is in a consolidation phase following a surge, and the morning strategy is primarily focused on high short positions after rebounds.

Suggestions

Bitcoin Short in the range of 109000—109500 Target 107500

Altcoin Short near 2600 Target first looks at 2500