Recently, the cryptocurrency market has shown a trend of consolidation. After experiencing a significant fall on July 4, Bit is gradually stabilizing, but the rebound strength is relatively weak. From the 4-hour candlestick chart, Bit is in a state of high-level consolidation, with the volatility range gradually narrowing, indicating a relatively balanced force between bulls and bears in the short term.

For Ethereum, the market also shows similar volatile characteristics. In this market environment, investors need to be particularly cautious, while it may also contain potential trading opportunities.

Based on the current market conditions, investors may consider shorting when the Bitcoin price reaches the range of 108,200 to 108,800, with a target price set around 107,000. As for Ethereum, one can consider shorting in the range of 2,520 to 2,550, with a target price around 2,460.

However, it should be emphasized that the cryptocurrency market is extremely volatile, and the timeliness of investment strategies is crucial. Therefore, in actual operations, investors should closely monitor real-time market trends and adjust their strategies promptly to adapt to the ever-changing market environment. At the same time, it is also very necessary to reasonably control risks and set stop-loss levels.

Overall, although the current market is relatively stable, there are still potential profit opportunities. Investors need to remain vigilant, seizing opportunities while also paying attention to risk management, in order to achieve steady returns in this challenging market.