From a technical perspective, the overall coin prices of Bitcoin/Ethereum experienced a high and then a pullback yesterday, which is generally in line with the previous analysis and expectations. On the daily chart, the current KDJ and MACD show a bullish shrinking volume, and there are signs of adjustment in the current coin price within the Bollinger Bands. Looking at the four-hour timeframe, the Bollinger Bands are currently in an open state, with the KDJ three lines showing a divergence at the high level. After the continuous bullish momentum in the market for several days, it also needs time to digest. Combining the short-term hourly chart, the current coin price is running below the lower track, and the short-term long and short positions are not continuing. The overall trend tends to be oscillating adjustment. The current coin price also shows a change in volume for the bearish retracement, so it is suggested to first look for a technical retracement adjustment within the day. The short-term retracement momentum is relatively large. It is recommended to continue to focus on the rebound and short selling. Specific points can be referred to as follows:

btc: Short at 70800-71000, target 69500

eth: Short near 3950-3970, target 3850

The above suggestions are for reference only. Specific operations are subject to real-time guidance in actual trading. "Public Number: Mu Feng Looks at Trends" welcomes learning and communication together!

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