From a multi-timeframe perspective, Bitcoin shows a short-term rebound on the 4-hour chart, but overall remains heavily suppressed by moving averages. Each successive rebound peaks lower, indicating a clear weakness. The lower Bollinger Band provides some support, but the rebound strength is limited, unable to effectively break through the middle band, suggesting that the bears remain the main players. Although the downward momentum has slowed, whether the rebound can sustain is still uncertain. The current downtrend has not been broken, and further declines could test key support levels.
Switching to the 1-hour chart, although there have been some consecutive bullish candles at the lows, the rebound is modest, mostly small oscillations without a true reversal signal. RSI and KDJ indicators are starting to turn up from low levels, but their positions are still weak. The rebound momentum is insufficient, and volume has not supported the move. This is more of a technical pause rather than a genuine reversal. The short-term bearish structure remains intact, and the buying power is still fragile. During midday trading, caution is advised against a weak rebound being followed by further declines. The overall strategy remains to short on rebounds, with close attention to how key resistance levels perform.
Specific suggestions: — Bitcoin can be shorted around 92800, targeting 91500 — Ethereum can be shorted around 3210, targeting 3120
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GlueGuy
· 22h ago
With such a clear bearish pattern, a rebound is an opportunity to open short positions. Enter the market decisively at 92,800.
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SybilAttackVictim
· 22h ago
It's the same old pattern of bouncing and shorting again. The bears are really messing around, and if 92,800 drops, it will probably break below support again.
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BlockBargainHunter
· 23h ago
Tsk, it's the same pattern of bouncing and then crashing again. The bears have really taken control of the market. I need to hold the 92,800 level. If it can't break above, I'll go short and target 91,500 directly.
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BTCBeliefStation
· 23h ago
It's the same bearish narrative again. The 92,800 level seems to be the top, but I still feel the bottom signal isn't that clear.
#数字资产市场动态 $BTC $ETH Midday Market Analysis and Trading Ideas
From a multi-timeframe perspective, Bitcoin shows a short-term rebound on the 4-hour chart, but overall remains heavily suppressed by moving averages. Each successive rebound peaks lower, indicating a clear weakness. The lower Bollinger Band provides some support, but the rebound strength is limited, unable to effectively break through the middle band, suggesting that the bears remain the main players. Although the downward momentum has slowed, whether the rebound can sustain is still uncertain. The current downtrend has not been broken, and further declines could test key support levels.
Switching to the 1-hour chart, although there have been some consecutive bullish candles at the lows, the rebound is modest, mostly small oscillations without a true reversal signal. RSI and KDJ indicators are starting to turn up from low levels, but their positions are still weak. The rebound momentum is insufficient, and volume has not supported the move. This is more of a technical pause rather than a genuine reversal. The short-term bearish structure remains intact, and the buying power is still fragile. During midday trading, caution is advised against a weak rebound being followed by further declines. The overall strategy remains to short on rebounds, with close attention to how key resistance levels perform.
Specific suggestions:
— Bitcoin can be shorted around 92800, targeting 91500
— Ethereum can be shorted around 3210, targeting 3120