Good morning everyone! The new week of trading has begun. After the weekend's fluctuations and consolidation, Bitcoin and Ether continue to move in a consistent manner: Bitcoin's price opened a slow downward channel early in the morning, briefly touching a low of 104,399 before quickly rebounding, and is currently oscillating around the 105,000 mark; Ether encountered resistance after rising to 2,559, and then fell back to a support level of 2,490. Early morning also provided everyone with some opportunities, I wonder how many people took advantage of it?

Currently, the market is showing a low-level consolidation on the four-hour chart, with no further breakthroughs in either direction. The situation remains one of consolidation, and the Bollinger Bands are still in a contracted posture. The resistance levels on both sides have narrowed to confirm the future trend. The candlestick has formed a long shadow, and the overall price action is still under pressure at the middle band. The market maintains a weak tone, and in conjunction with the moving averages indicating a bearish arrangement, as long as the price does not stabilize above 106300, the bearish trend remains unchanged.

You can short Bitcoin in the range of 105500-105800, and watch around 104200. You can short Ether in the range of 2550-2580, and watch around 2480. #BTC #ETH #BountyDrop上线 Gate Wallet