$BTC

In the vast sea of currency, only those who hold dreams in their hearts can ride the wind and waves to reach the unreachable shore of wealth.

From the current market perspective, the four-hour level shows that after a round of decline, the market has rebounded with two consecutive bullish candles, but it is evident that the rebound strength is not strong, and the price has not moved out of a significant range. The bullish desire to push higher is not intense, indicating that the current rebound cannot change the bearish pressure on the bulls. The overall trend still appears weak. From the one-hour level, the market has gradually moved up after breaking through the upper Bollinger Band, and in the short term, there is some dispersion of bullish momentum. However, the Bollinger Band is gradually narrowing, and the middle line is moving down, which compresses the upward space for the bulls. This indicates that the current rise is merely a normal technical rebound correction rather than a genuine recovery of the bulls. Therefore, for the midnight operation, we will continue to maintain the strategy of shorting after a rebound.

Short Bitcoin around 116500 with a target of 114000.

Short Ethereum around 3650-3670 with a target of 3550.