The four-hour price is trading below the MA144 and MA169 moving averages, with medium to long-term moving averages forming clear resistance, limiting short-term rebound potential. In the MACD indicator, both DIF and DEA lines are in the negative zone, with the green bars slightly expanding, indicating that bearish momentum still dominates; The KDJ indicator is oscillating at low levels, with no clear golden cross signal, and rebound strength is relatively weak.
Trading Suggestions Short positions around 68,000-68,500 for Bitcoin, targeting 65,000-65,500 Short positions around 1,990-2,020 for Ethereum, targeting 1,840-1,870
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Evening Market Analysis
The four-hour price is trading below the MA144 and MA169 moving averages, with medium to long-term moving averages forming clear resistance, limiting short-term rebound potential.
In the MACD indicator, both DIF and DEA lines are in the negative zone, with the green bars slightly expanding, indicating that bearish momentum still dominates;
The KDJ indicator is oscillating at low levels, with no clear golden cross signal, and rebound strength is relatively weak.
Trading Suggestions
Short positions around 68,000-68,500 for Bitcoin, targeting 65,000-65,500
Short positions around 1,990-2,020 for Ethereum, targeting 1,840-1,870