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From the four-hour perspective, Bitcoin had a previous wave of rise, but then experienced a series of Bearish lines, with a noticeable price pullback. Recent Candlesticks indicate that both bulls and bears are still in fierce contention, with an overall trend leaning towards a downward direction; from the one-hour chart, Ethereum has recently shown relatively long upper wicks and lower wicks, indicating that bulls and bears are competing for price control. Additionally, in the recent period, multiple Bearish lines have appeared, showing a falling trend in price, with short positions taking the upper hand.
From the perspective of short-term technical indicators and candlestick patterns, Bitcoin and Ethereum are both in a downtrend and may continue to face downward pressure in the short term. In subsequent operations, we can take long positions relying on the support levels below.
Bitcoin: Buy at 112500-112000, target 114000
Ether: 4700-4670 long, target 4780#比特