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The battle between long and short positions for BTC is intense, with an initial dip followed by a rebound, and the script provided in advance is perfectly played out. BTC is currently trading around 106100. Looking at the market data on a 4-hour level, the Bollinger Bands have opened and the coin price has fallen below the lower band. The MACD shows a death cross at a high position, continuing to emit bearish signals. However, the KDJ has shown signs of being oversold and reversing, indicating a short-term need for a rebound adjustment. The daily chart also reflects a bearish trend, and we maintain a high short position during the day, with the option to support low longs.
Short positions near BTC 107000, targeting a dip to the 104000 level.
Short ETH around 2680, target down to the 2500 line.
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