#BTC# In the morning session, the price of BTC began to rise to a certain extent over time. The rise was not smooth, facing a certain level of resistance. Ether also saw a price increase simultaneously in the morning, but its rise was slightly inferior compared to BTC. However, it eventually stabilized at a certain level, hovering within a range. Today's shorting was also very rewarding, entering around 115648 in the early hours and exiting near 113479, successfully gaining a space of 2000 points. Then, another order was placed near 114000, stopping around 112800, which netted over 1200 points profit. Ether made a profit of 230 points on the short order in the early hours and over 70 points in the morning, totaling over 300 points successfully pocketed. Recoup investment by selling? The gentlest trap in the crypto world, don't just watch new opportunities slip away.



The 4-hour chart for BTC shows clear signs of fatigue, and the upward trend is now facing strong opposition, making it difficult for the price to continue breaking through key resistance levels. The 4-hour chart for Ether also exhibits the same trend, with the price consistently declining along the lower bound, showcasing a bearish arrangement, as the short-term moving average crosses below the long-term moving average. On the hourly chart, the transition from a continuous bearish state to the current battle between bulls and bears has resulted in the price frequently touching the lower bound of the descending channel, continuously breaking new lows; the price decline for Ether on the hourly chart has been relatively smooth, as it consistently slides down along the descending channel, with almost no significant rebounds, and each rebound is quickly suppressed by bears.

Shorting BTC at 114000-114500, looking at around 112000; Shorting Ether at 3530-3560, looking at around 3440.
BTC-0.11%
ETH6.31%
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