Based on the current market situation, the four-hour level shows that the market has formed a four consecutive bearish trend, breaking through the lower Bollinger Band. The Bollinger Bands are gradually widening, and the downward space has been completely opened up. The middle line of the Bollinger Bands continues to maintain a downward trend, indicating that a significant level of weakness has emerged. The bulls have failed to stir any waves, and the overall trend has completely fallen under the control of the bears. From the one-hour level, the market has strongly broken below the lower Bollinger Band, establishing a one-sided trend, with the market further probing down. Although there is some support at the psychological level of 116000 below, even if the market rebounds, its strength will not be significant. Therefore, blindly bottom-fishing in the morning is not a wise choice; one should go with the trend and think in terms of short positions. #以太坊十周年

Bitcoin can be shorted around 116500, targeting 115000.

Ethereum can be shorted around 3730, targeting 3600.