The road in the crypto world is fraught with thorns, but the power of dreams is enough to overcome obstacles and rush towards the feast of wealth. On Monday afternoon, the Bitcoin market continued to oscillate within a small range, with the price first dipping to a low point of 114112 in the afternoon before rebounding. The market reached a high point of 114742 after the rebound, but then faced selling pressure and fell back. The Ethereum market was similar, with the price rising from an afternoon low of 3519 to a high of 3572 before retreating.

According to the current market situation, the four-hour level shows that the price is moving between the middle and upper bands of the Bollinger Bands. The Bollinger Bands have begun to narrow parallelly, and the price is experiencing a struggle between bulls and bears. However, the KDJ indicator's three lines are turning down from a high position and gradually converging, indicating the potential formation of a death cross. Additionally, the MACD indicator's two lines are still operating below the 0 axis, suggesting that the overall trend is leaning towards a weak pattern. From the one-hour level, the price shows a downward oscillating trend. Although the price has experienced a three-day decline followed by a certain degree of rebound from the bulls, the rebound strength is not significant. The MACD indicator's two lines are extending downward, and the histogram is gradually expanding below the 0 axis. Therefore, in tonight's operations, we will maintain the idea of shorting after the rebound.
Short near Bitcoin 115000, target look at 113000
Ethereum around 3580-3600 can be shorted with a target of 3480#Alpha 积分系统上线 #加密市场反弹 #加密项目计划