In the cycle of $BTC rises and falls, every low point is a moment of accumulation, and every moment of persistence brings us closer to the light. We wait for the wind together and endure the rain together. No matter how bumpy the road in the crypto world is, having companions makes it less lonely. The morning market shows a fluctuating trend of rising and then falling. BTC surged to 117619 before retreating, hitting a low of 116426, and is currently consolidating around 116600, with upward momentum limited. Ether first retraced to 3879 before rebounding to 3966, then falling back to around 3890 for consolidation, with increasing divergence between bulls and bears. The morning strategy from Cloud Deer suggested going short first and then long, and the short order has already taken a profit of over 900 points before exiting. Currently, the long order is still being held. Ether successfully took a profit of 118 points in one short and one long.

On the technical front, Bitcoin's short-term resistance is near the upper Bollinger Band around 117,600 on the 4-hour chart, with support looking at the daily low and around the Fibonacci 23.6% level around 116,426. A breach could lead to a drop towards 115,500. Ethereum's resistance is near the recent high of 3,966, with 3,880-3,900 as a key support zone currently being tested; a loss could see it drop to 3,850. In the short term, attention should be paid to whether BTC can break through 117,600 and whether ETH can hold 3,880-3,900 to determine the trend direction, while also being aware of market volatility risks and strictly controlling positions. It is recommended to sell high and buy low within the range in the evening.
Big cake suggestion: You can short near the resistance level of 117600-117800, and go long at the support level of 116400-116500.
Ethereum suggestion: If it stabilizes at 3880-3900, you can take a small long position, with a target of 3950-3980. If it rebounds to around 3960-3980 and faces resistance, you can short #成长值抽奖12期 .