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1.7 Bitcoin/Ethereum successfully reached the target after a rally. The early morning surge can continue to be shorted.
The short-term short idea above 93,800 and 3,270 on the Bitcoin/Ethereum white chart and evening reminders, with additional shorts around 3,300 for Ethereum, after the market surged and then fell back to around 3,180 and 91,200 overall space. Currently, the market is rebounding again. After all, the previous levels around 3,180 and 91,000 serve as short-term support points for the rally, but the daily and 4-hour charts show signs of pulling back after rising, indicating a trend change. On the candlestick pattern, the daily chart shows that after forming a high near 94,800 and 3,310, the price has pulled back and is now in a correction phase, with candlesticks alternating between bullish and bearish.
In the 4-hour cycle, there are candlesticks with long upper shadows, indicating heavy selling pressure above, and the current closing price is below the previous swing high. On the technical indicators, the MACD histogram on the daily chart has shifted from positive to negative, with DIF and DEA gradually approaching each other, suggesting possible consolidation or downward movement in the short term. In the 4-hour cycle, DIF crosses below DEA, strengthening the bearish signal.
Early morning trading suggestions: Continue shorting Bitcoin around 92,500-93,000, with targets near 90,000-91,000; continue shorting Ethereum around 3,240-3,270, with targets near 3,150-3,180.