The faith you plant in a bear market will ultimately bloom into wealth in a bull market. Last night, Bitcoin touched a low of 68884 and oscillated upward to a high of 71028. Ethereum touched a low of 2102 and rose to a high of 2168 this morning.

Observing Bitcoin on the 1-hour chart, this round of uptrend has hit a short-term rebound high, followed by pullback under pressure, with the chart forming a local double-top structure. Currently, the price is consolidating narrowly around 70822, lacking the strength to break through the previous high. The price previously probed the upper Bollinger Band and encountered resistance before retracing. It's currently oscillating around the middle band, with the upper band providing significant resistance and the lower band around 68966 providing interim support. The Bollinger Band is narrowing, signaling that short-term volatility is likely to narrow, and the market is about to choose a direction. The short-term moving average has turned downward, with price trading below the moving average system, indicating a weak short-term trend. The intraday bias is primarily bearish.

Morning Trading Suggestions
Bitcoin short near 71800 | Target 69500
Ethereum short near 2190 | Target 2130#Gate正式接入Polymarket #