#GateCryptoTimeMachine

The white market trend during the day is relatively flat, and the pressure has dropped again after rushing higher in the morning. The highest point touched the line of 106482 and then fell, allowing room for scheduled withdrawals, with the lowest around 105.200; Ether also fell after touching the line of 2548 in the morning and continued to fluctuate lower during the day, with the lowest retracement to around 2475. In the near term, we have adhered to a strategy focused on high peaks while combining lows and longs, and continued to cash out. In the afternoon, operations still maintain the idea of high peaks and low heights.
The four-hour level shows a typical bearish pattern of three consecutive candles. Key Bollinger Bands signals: the upper band reverses downwards ending the uptrend; the middle line shifts from upward to flat, with weakening momentum. The channel overall is narrowing, with the distance between the lines shrinking. If this combination successfully breaks through the middle line, there are concerns it could trigger technical selling pressure. The one-hour level shows a gradual decline towards the lower Bollinger Bands where a bullish pullback occurs, although it temporarily halts the selling pressure, it does not change the overall pressure that still exists.
BTC can be shorted at 106000-105600, target around 104000, Ether can be shorted at 2540-2520, target around 2424.
##GateCryptoTimeMachine #Tech Giants Eye Stablecoins