The crypto world is an arena of wisdom and courage, where only continuous learning can keep you undefeated. Don't let fear and greed dictate your decisions; stay calm and patiently wait for the best opportunity like a hunter. Over the weekend, Bitcoin's market dipped to a low point of 117121 in the morning before rebounding, with the price subsequently climbing to a high point of 118558 in the evening. Ethereum's market followed the same trend as Bitcoin, with the price oscillating upward from a low point of 4393 in the morning to a high point of 4559 in the evening before facing resistance and falling back.

According to the current market situation, the four-hour level shows that after experiencing a three-day consecutive bullish rebound and breaking through the middle line of the Bollinger Bands, the market is under pressure, subsequently forming a two-day consecutive bearish trend. The Bollinger Bands are gradually contracting, and the middle line is continuously moving down, indicating a weak pattern has emerged. The previous rebound did not provide a significant range, so the earlier rebound was merely a corrective maneuver during the downward process. From the one-hour level, the market has broken down below the middle line of the Bollinger Bands, and the MACD indicator has formed a dead cross pattern with the two lines. The indicator histogram has also dropped below the 0 axis. Although the price has rebounded somewhat, the strength is clearly weak, so for midnight operations, we will adopt a strategy of selling high after a rebound.
Bitcoin can be short near 118500, target at 116500.
Ethereum near 4570-4550 can be shorted, target looking at 44500 #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# .