Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 10:31

Bitcoin's daily chart shows a gradual decline followed by a series of bearish candles before a rebound. On the 4-hour chart, the price bottomed out around 106200 and is currently in an upward consolidation phase. The 4-hour MACD histogram is shortening, and the DIF and DEA lines are converging, indicating weakening upward momentum. The price is currently trading above the EMA7 but below the EMA30 and EMA120, suggesting limited short-term rebound strength. Intraday trading recommendations are to enter positions around 110600-101300 for Bitcoin, with a target around 108000; and around 3880-3930 for Ethereum, with a target around 3800. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.