#BTC资金流动性 Bitcoin and Ethereum trend analysis on Monday

In the past few days, the overall market energy has been a bit lacking, but the downward pressure has eased somewhat. Looking at the hourly chart, Bitcoin has been constrained by the middle line of the Bollinger Bands, showing a step-like downward pattern. Although there have been sporadic rebounds, the bullish volume is truly insufficient, making it impossible to break through the resistance above.

The tug-of-war between long and short positions has gone on for several rounds, and the bullish side has consumed too much energy, leaving no capacity for a large-scale offensive. The trend has completely shifted to bearish, and the advantage of the bears is becoming increasingly obvious. As we enter the consolidation phase over the weekend, the bears have completed their buildup, and the next operational strategy should be to go with the trend—looking for entry opportunities based on key resistance levels.

Specific views:
You can short around 89000, targeting the area near 87000 for $BTC .
$ETH can be shorted near 3050, targeting around 2900.

This is purely personal opinion, for discussion reference only, and does not constitute any investment advice!