In the early morning, the short-term market showed a slight rebound. Currently, the KDJ and MACD indicators are showing a reduction in short-term bearish momentum, but the BOLL indicator is still trending downwards. The current lower band continues to open, which is basically similar to the daily chart. Therefore, overall, the market is expected to primarily experience sideways fluctuations and downward trends. The operational suggestion is to short on rallies. Specific points of reference are as follows:

BTC: Short around the market price of 88,500, target 87,000, and if it breaks, look at 86,000.

ETH: Short around the market price of 2,940, target 2,860, and if it breaks, look at 2,800.

The above is a personal analysis of the intraday market, for reference only.

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