Good morning everyone! The new week of trading has begun. After the weekend's fluctuations and consolidation, Bitcoin and Ethereum are still showing consistent trends: Bitcoin's price opened a slow downward channel in the early morning, briefly touching a low of 104,399 before quickly rebounding, currently fluctuating around the 105,000 mark; Ethereum encountered resistance after rising to 2,559, and then fell back to a support level of 2,490. The early morning also provided everyone with some opportunities; I wonder how many people seized them?

Currently, the four-hour chart shows a low-level sideways consolidation, with no further breakthroughs in the upward direction. The market is still in a consolidation phase. The Bollinger Bands are maintaining a narrow posture, with the resistance levels on both sides appropriately converging to confirm the single-sided trend in the future. Currently, the candlestick has formed a long shadow, and the overall price is still under pressure at the middle track. The market still shows a weak trend, and combined with the moving averages showing a bearish arrangement, as long as it does not stabilize above 106300, the bearish trend remains unchanged.
Bitcoin can short at 105500-105800, looking at around 104200. Ether can short at 2550-2580, looking at around 2480. #BTC# #ETH#