Every choice in the crypto world is a test of courage and wisdom. Make brave decisions and reap the future. Yesterday at midnight, the Bitcoin market showed a range-bound movement, with the price first falling to a low point of 117120 and then rebounding to a high point of 118460, before coming under pressure and retreating, with the morning market nearing its lowest point at 117267. The Ethereum midnight market movement was in sync with Bitcoin, with the price rebounding to a high point of 4575 and then coming under pressure to decline, with the morning market dropping to a low point of 4455 before stopping. Yesterday at midnight, Brother Sheng provided a bearish outlook in advance, and the market ran as expected. The Ethereum short order laid out at midnight entered around 4547 and around 4469, securing a space of 78 points.

According to the current market situation, the four-hour level trend has stopped at the lower Bollinger Band after experiencing four consecutive bearish candles. The price has also rebounded somewhat, indicating that there is certain support at the lower Bollinger Band. However, the KDJ indicator's three lines have formed a death cross and are continuing to extend downward. The MACD histogram is also gradually expanding below the zero axis, suggesting that the overall trend will still revolve around bearishness. From the one-hour level perspective, after a round of downward movement, the bulls have provided a slight rebound. Various indicators' moving averages have all turned up, but the Bollinger Band's opening remains downwards, and the middle band continues to decline. Thus, the current rebound is merely a normal correction during the downward process. Therefore, in the morning operations, we still maintain the idea of shorting after the rebound.
Short order near Bitcoin 119000, target at 117000.
Short order near Ethereum 4600, target at 4450.
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