Currently, Bitcoin is oscillating at a high level, forming a top, with the price continuously consolidating around 81,500.


Ethereum is weak and moving in tandem with Bitcoin, with increased bullish and bearish battles, and the price staying close to the middle band around 2,300.
From the four-hour perspective, Bitcoin's divergence at the top is confirmed, with a new high in price.
The bearish momentum is accumulating, and the kinetic energy is gradually strengthening.
On the daily chart, three consecutive bearish candles followed by one bullish candle indicate short-term downward pressure.
Ethereum is decreasing in volume, seeking a bottom, with the bearish momentum dominant, and the moving averages are arranged in a bearish alignment.
This morning, Bitcoin short positions are recommended around 81,600-82,100, with a target near 80,500.
This morning, Ethereum short positions are recommended around 2,320-2,350, with a target near 2,200.
BTC-1.04%
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