Friday morning thoughts

Here, leverage becomes your magic wand; with a gentle wave, it can double your assets or bring them to zero in an instant. Yet it is this uncertainty that has forged countless legends and dreams. Yesterday at midnight, the Bitcoin market stopped after dipping to a low point of 119767, and then entered a rebound phase, reaching a high of 121654 in the early morning. The Ethereum market similarly followed Bitcoin's trend, with prices dropping to a low of 4266 before rebounding, nearing the early morning high of 4376.
According to the current market conditions, the four-hour level shows that after a two-day decline, the market has stopped falling and is rebounding slightly, with prices warming up a bit. However, the Bollinger Bands are still opening downward, and the overall trend remains in a downward channel. Based on previous movements, bulls have always experienced a strong downward probe after each rebound, so the current rebound is just a normal correction. From the one-hour level, the market shows a four-day bullish rebound, breaking through the middle track of the Bollinger Bands, but the body of the bullish candles is relatively small. Additionally, the upward movement of the bulls has not recovered the previous decline. Therefore, as the market has not broken through the previous high, we can continue to maintain a high short position strategy after the rebound in morning operations.
Short around 122000 for Bitcoin, target at 120000.
Short near Ethereum 4400, target at 4300.
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