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Morning Analysis
On the four-hour chart, after the market surged due to news factors, the bullish momentum quickly exhausted. Overnight, it faced pressure and fell back to 68,880. Currently, the overall trend remains in a narrow-range oscillation with alternating bullish and bearish candles. The rebound is merely a technical correction, and this short-term rally has basically ended.
Under the current oscillation pattern, the upward space is already limited. Be cautious and avoid blindly chasing rallies.
Operation Suggestions
Bitcoin: Short positions around 71,000-71,500, with targets near 69,000-69,500
Ethereum: Short positions around 2,180-2,210, with targets near 2,030-2,060