Friday afternoon Bitcoin and Ethereum market analysis and trading suggestions

Looking back at the bearish outlook provided during the afternoon, Lao Tian has consistently emphasized shorting and has accurately provided key levels. The previous profit-taking situation is now in the past, and there's no need to worry too much about short-term gains and losses. The market is still ongoing, and combining real-time dynamics with Lao Tian's years of on-site experience, we continue to observe the market structure, making precise moves in the rapidly changing cryptocurrency space.

From the four-hour level chart, the K-line arrangement continues to extend downward, with bears dominating amidst the alternation of bullish and bearish candles. The MACD has turned from positive to negative and maintains a downward arrangement, with the fast and slow lines beginning to converge. The contraction of the Bollinger Bands indicates that the oscillating pattern will continue. From the one-hour level chart, the K-line is operating downward within a range in a wave-like structure, and the "bearish spearhead" signal has already appeared in the pattern, suggesting a bearish outlook for the future (although the pace may slow down). Currently, the price mainly fluctuates around the upper and lower bands of the hourly Bollinger Bands, but rebounds or retreats quickly after touching the bands, showing very poor continuity. In terms of operation, considering the continuous convergence of the range, regardless of bullish or bearish positions, it is recommended to lower the profit-taking targets and patiently wait for a breakout opportunity!

Operation Suggestions:
Bitcoin 106900-107400 range, look at 105600
Look near Aunt 2460, see 2420
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