Currently, the price comparison has been in a downward trend, with a six consecutive bearish pattern on the four-hour level. The hourly level shows the price comparison oscillating near the lower Bollinger Band. In the morning, it even briefly fell below the support of 115000, reaching a low of 114239. Ethereum is similar, with the price comparison directly plunging to 3613 in the morning. Whether in the early morning or morning, we reminded everyone to go short, and those who followed our guidance should have made some profits.

From a technical perspective, the daily level has fallen from above the middle Bollinger Band to below the lower band, forming a large bearish candle. The downward momentum is strong, having spread from the hourly level to the daily level. Recently, the price comparison has been continuously testing the lower support. Although there has been a short-term rebound, the overall structure has not yet formed a reversal trend. For intraday operations, it is advisable to continue to look for short positions, and be sure to set stop losses.

In the afternoon, Bitcoin can be shorted around 116000-116300 with a target of 114000.

In the afternoon, Ethereum can be shorted around 3720-3700 with a target of 3600.