Tuesday morning thoughts

Looking at the 1-hour chart of Bitcoin, the price has bounced and touched the upper band, resulting in a long upper shadow with a smaller body, indicating that the bulls' momentum is weak. The trading volume is also decreasing during the rebound, showing insufficient buying power. The middle band of the Bollinger Bands is pressing from above. If the price cannot break through the upper band and hold above it, it may fall back to near the lower band of the Bollinger Bands, or even to the support area of the previous low. Short-term bears may dominate. Remember to set a stop loss.
Operation Suggestions:

1. Short near the Bitcoin price of 116700, with a target price of about 113500.
2. Short near 4380 for Ethereum, target price around 4150.