On Friday, the market experienced a dramatic reversal, with Bitcoin price movement displaying a deep "V" shape. At the beginning of the session, short positions dominated, and the price of BTC was temporarily under pressure, hitting a low of 104,069, before long positions quickly gathered to counterattack. Strong demand propelled the price upward rapidly, ultimately reaching a high of 105,912, with a daily range close to 2%. Currently, the price is correcting again around 105000 for a consolidation phase. Ether followed a similar trajectory, bouncing back after correcting at the key support level of 2,505, with long positions pushing the price upward, reaching a maximum of 2,589, and correcting again around 2550.

Judging by the four-hour candlestick configuration, although the current market has closed three consecutive white candles and the price temporarily rebounded above the lower Bollinger band, the overall setup is still subject to the bearish channel. The descending trendline formed by the continuous black candle has not been effectively broken, and the body of the K line has never been able to hold above the key resistance level, indicating that the bearish suppression force is still strong. On the one-hour chart, the price has initiated a slight rebound after the deep bottom, but as it approaches the previous high resistance zone, there is a clear combination of the K line with a long upper shadow, forming a stagflation signal. At the same time, the price has begun to close below the black candle after reaching the key resistance level, and the body of the black candle has gradually widened, suggesting strong selling pressure above. Combined with the upper separation configuration of the candlestick and the price's inability to effectively break through the key resistance level, the short-term rise is limited.

You can sell Bitcoin between 105500 and 106000, aiming around 103800. You can sell Ether between 2560 and 2590, aiming around 2480.