Currently, the overall trend is still oscillating back and forth within a range. When positioning, everyone should still control the positions that need to be controlled. There is no absolute market; at any time, one must maintain a sense of awe towards the market.

From the current market observation: in the morning, the bulls launched a new round of fierce attacks and successfully broke through, with prices surpassing the previous oscillation range, currently maintaining a stable oscillation trend above 87000. The hourly chart shows that the Bollinger Bands have significantly widened and are diverging upwards, forming a strong pattern. However, the current bullish momentum has temporarily come to a halt, and the pace of attacks has slowed down; attention should be paid to subsequent volume cooperation and the effectiveness of support levels. The bearish outlook continues in the afternoon.

In the afternoon, short positions are recommended for Bitcoin in the 87000-87500 range, with a watch on 85000. For Ethereum, short positions are recommended in the 1630-1660 range, with a watch on 1560.