The cryptocurrency market today shows some technical signals worth following. The hourly MACD indicator suggests that short positions are weakening, while the KDJ indicator is gradually approaching the oversold area. These signals indicate that the market may soon welcome a technical rebound. However, investors need to remain vigilant, as this rebound may be followed by a "double bottom" movement, bringing new downside risks.

For Bitcoin (BTC), when the price rebounds to the range of $112,000-$112,500, a staggered short positions strategy can be considered. It is recommended to set the stop-loss at $113,500 to control risk. If the price can break through this range, the first target price can be looked at around $110,000. If the support level of $110,000 is effectively broken, investors should closely follow the performance of subsequent support levels.

The trading strategy for Ethereum (ETH) is also worth following. When its price rebounds to the range of $3,850-$3,880, it may be considered to set up short positions at a high. It is recommended to set the stop-loss level at $3,900 to prevent unexpected market movements. The target price can be set around $3,700, but investors need to closely observe the support strength in this range and whether the price will show a breakthrough trend.

Overall, although a rebound may occur in the short term, there is still uncertainty in the market. Investors should maintain a cautious attitude when formulating trading strategies, manage risks appropriately, and keep an eye on market trends to adjust strategies in a timely manner.