The market continues to show a weak consolidation pattern, with limited volatility in mainstream cryptocurrencies. After a sharp decline earlier, the trend has mostly been sideways at low levels and weak recovery, without any sustained rebound momentum. Prices remain under pressure below key moving averages, maintaining a complete bearish structure. Following a rapid drop over the weekend, the bulls lack strength to mount a strong counterattack, and the rebound is limited, fully indicating insufficient bullish sentiment among current funds. Until there is a substantial change in the trend, the overall approach remains primarily bearish. Trading Suggestions: BTC: Consider short positions within the 79,200–79,700 range, targeting 76,600 ETH: Consider short positions within the 2,360–2,380 range, targeting 2,250 A rebound does not equal a reversal. In a weak market, patience and following the trend are key to consistently achieving results.
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Tuesday Morning | BTC / ETH Outlook
The market continues to show a weak consolidation pattern, with limited volatility in mainstream cryptocurrencies. After a sharp decline earlier, the trend has mostly been sideways at low levels and weak recovery, without any sustained rebound momentum. Prices remain under pressure below key moving averages, maintaining a complete bearish structure.
Following a rapid drop over the weekend, the bulls lack strength to mount a strong counterattack, and the rebound is limited, fully indicating insufficient bullish sentiment among current funds. Until there is a substantial change in the trend, the overall approach remains primarily bearish.
Trading Suggestions:
BTC: Consider short positions within the 79,200–79,700 range, targeting 76,600
ETH: Consider short positions within the 2,360–2,380 range, targeting 2,250
A rebound does not equal a reversal. In a weak market, patience and following the trend are key to consistently achieving results.