Looking back at the morning market, after the market switched lines, it continued to provide a pullback after reaching a high as a correction. At midday, the market once pulled back to around 114200 to stop falling, and in the afternoon, it rebounded again to recover near 115000, providing a certain amount of long positions with higher trade volumes. In terms of Ethereum, it also followed the same pattern as BTC; after the morning line switch, short positions with higher trade volumes fell to a low around 3645 to stop declining, and in the afternoon, long positions recovered. Currently, it still hasn't broken through the previous high resistance at around 3730. The key resistance has not been broken, and overall it remains in a volatile pattern.

From the daily chart of BTC, the recent candlestick structure shows a fluctuating pattern, with the opening point of the daily line continuing the previous consolidation at the high of 115000. There is still a possibility of a bearish candlestick forming during the day, indicating a continuation of the consolidation trend. Looking at the four-hour chart, the range of candlestick movement has returned to the downward channel after a previous deep correction, and there are still obstacles. In terms of Ethereum, the short-term pressure level at the high of 3730 has not been broken, and long positions may also face resistance in the short term. On the indicators, the three lines of KDJ are showing signs of a dead cross, and the Bollinger Bands are in a flattening structure, making it difficult for the market to break further. In future operations, we may consider looking for a pullback first.

BTC can be short positions in the range of 115000-115500, looking near 114000. Ether can be short positions in the range of 3720-3740, looking near 3620. #BTC#