Bitcoin Market Analysis

Looking back at yesterday's market, the price of Bitcoin was near 25330 at a low point, and it rose to around 26450 at around 4 am today, breaking through the previous resistance. Currently, the price is around 26230.

From the current situation, the hourly KDJ indicator shows a bearish crossover, and the candlesticks are showing signs of stagnation. In the short term, a pullback is expected. The intraday strategy is mainly focused on short selling.

Ethereum Market Analysis

First, let's review yesterday's Ethereum market. After hitting a low around 1610, it quickly rebounded to around 1675, forming a double bottom pattern. Currently, the price is around 1650.

From the current situation, the price has not broken the previous high, the hourly KDJ indicator shows a bearish crossover, and the trading volume has not reached the previous high. In such market conditions, a downturn is likely to occur. The intraday strategy is mainly focused on short selling.

Bitcoin Strategy: Short near 26250, target near 25800

Ethereum Strategy: Short near 1650, target near 1620

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