Morning Analysis


Short-term bearish dominance prevails. Currently, the price is only experiencing a technical rebound within a downtrend, with no clear reversal signals. The downward trend remains intact.
Prices weaken at higher levels, with moving averages pressing downward. Rebounds repeatedly fail to break through key resistance levels, and upward momentum is exhausted.
The 4-hour chart shows the price moving along a downward channel, with rebounds lacking strength and dropping immediately upon touching resistance—an indication of a false rally. During declines, volume increases; during rebounds, volume decreases, reflecting insufficient capital rotation and the continuation of a bearish trend.
Trading Suggestions
For BTC: Short positions around 71,800-72,300, with targets near 70,000-70,200
For ETH: Short positions around 2,190-2,220, with targets near 2,100-2,130
BTC0,62%
ETH0,06%
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