The daily chart has recorded three consecutive Bullish lines, with the price gently warming up below the middle band of the Bollinger Bands. However, the Bullish line's body continues to narrow, and it has not been able to effectively break through the middle band's resistance level. The long positions are not sufficiently released, and the upward momentum is lacking. The market is likely to trigger a technical pullback.

The four-hour cycle shows an alternating pattern of Bullish line and bearish line. After the price pulled back to the support of the middle band of the Bollinger Bands, it quickly rebounded and is currently operating above the middle band. However, the MACD indicator's red bars continue to shrink, indicating that long positions are gradually weakening while bearish forces are spreading. Considering signals from multiple timeframes, it is recommended to rely on the resistance level to implement a high short strategy in the morning.

Bitcoin: Short on the rebound around 89500-90300, target 88000-86000, strict defense.

Ether: Short on the rebound near 3060-3110, target 2950-2880, strictly maintain defense. $BTC