The morning market fluctuated due to the digestion of data from South Korea, with the price of Bitcoin briefly rising to a high of 96,800 before coming under pressure, then pulling back to around 95,200, with a fluctuation range reaching as high as 1,600 points, which is quite rare in recent times. Ethereum steadily rebounded to around 3,710 in the morning session, but the bullish momentum weakened shortly after, causing the price to drop sharply to around 3,630 before stabilizing, only to show signs of recovery again during the afternoon. There were many strategies laid out in the morning, too numerous to detail, but both bulls and bears hold good opportunities, with the key being how to grasp them accurately.

From the current analysis of the market, the daily chart is clearly under pressure and showing a downward trend, while the four-hour chart still has a solid bearish trend. Although there is a slight uptick in bullish momentum in the short term, it has not shaken the overall trend. In the four-hour candlestick chart, the price is hovering between the middle and upper bands, with the Bollinger Bands gradually flattening, indicating that the market has not shown a clear unilateral direction. It is expected that in the short term, the oscillating pattern will remain dominant, but there is a hint of upward momentum within the fluctuations. Recently, the price has frequently tested high levels, showing potential for a breakout; however, based on trading volume, we will maintain a bearish strategy, keeping a mindset of oscillation for short-term operations.

Bitcoin can be shorted in the range of 96,900-97,000, targeting around 95,000.

Ethereum can be shorted in the range of 3,710-3,720, targeting around 3,600.