Short-term bearish sentiment dominates; current price action is merely a technical rebound during a downtrend with no clear reversal signals, downtrend remains unchanged. Price weakens at higher levels, moving averages press downward, rebound repeatedly fails to break key resistance, upward momentum exhausted. 4-hour chart runs along a downward channel, rebounds lack strength and fall upon touching pressure levels, representing a bull trap; volume increases on declines, volume contracts on rebounds, insufficient fund relay, bearish trend continues. Trading Suggestions Bitcoin: Set up short positions around 71800-72300, targets around 70000-70200 Ethereum: Set up short positions around 2190-2220, targets around 2100-2130$BTC $ETH #贵金属领涨
Morning Analysis
Short-term bearish sentiment dominates; current price action is merely a technical rebound during a downtrend with no clear reversal signals, downtrend remains unchanged.
Price weakens at higher levels, moving averages press downward, rebound repeatedly fails to break key resistance, upward momentum exhausted.
4-hour chart runs along a downward channel, rebounds lack strength and fall upon touching pressure levels, representing a bull trap; volume increases on declines, volume contracts on rebounds, insufficient fund relay, bearish trend continues.
Trading Suggestions
Bitcoin: Set up short positions around 71800-72300, targets around 70000-70200
Ethereum: Set up short positions around 2190-2220, targets around 2100-2130$BTC $ETH #贵金属领涨