The overall market trend remains consistent with our outlook, showing a phased rebound and testing short-term highs. In the early hours, the market rebounded after pulling back to around 75,600 and recovered. Currently, it is testing short-term resistance near 76,500 and pulling back, staying around 76,200 for consolidation. Ethereum's movement is basically the same as Bitcoin's; after a rebound near 2,300 in the early hours, it showed weakness and fatigue, and now it has fallen back into yesterday's trading range. Short positions were entered at the high point of the early rebound, and they are still being held. Friends who entered according to our strategy are advised to hold patiently.
From the current chart, after effectively breaking below the lower Bollinger Band, the price paused slightly, but overall candlestick patterns still show a dominant bearish trend with weak rebounds. Moving averages have diverged into a bearish spread, forming resistance above. The MACD is in a death cross below the zero line, with the green histogram continuing to enlarge, and the DIF and DEA moving downward together, indicating ongoing bearish momentum without signs of weakening. The KDJ has entered a low-volatility zone but has not yet shown a bullish crossover signal, characteristic of a typical one-sided weakness. Currently, resistance above has moved down to around 76,500, with volume significantly decreasing. Effective support below needs to be traced back to the 74,500-74,000 range, which is also a previous dense area of turnover on the daily chart. Overall, the 4-hour chart is in a bearish phase with moving averages aligned downward and indicators resonating downward. Until a clear lower shadow appears to signal a reversal or a prolonged sideways consolidation with reduced volume, any intra-session rebound should not be considered a trend reversal. Maintaining a bearish outlook is advisable.
Bitcoin can be shorted at 76,300-76,500, with a target of 75,500-74,000. Ethereum can be shorted at 2,290-2,300, with a target of 2,250-2,200. #加密市场小幅下跌 $BTC $ETH
