Today's Market Analysis

Bitcoin has recently recorded consecutive solid bearish candles, with bearish sentiment dominating and a significant short-term downtrend. Although indicators show a slight weakening of bearish momentum, there is still no clear reversal signal. The EMA is oscillating downward, suggesting that the short-term may continue to exhibit a weak oscillation pattern. The MACD indicator has turned from negative to positive, releasing a short-term rebound momentum signal; however, the current strength is still insufficient to reverse the overall trend. Today, we continue to maintain a short-selling strategy during the rebound, seizing opportunities for high-level layouts, and remain vigilant against the continuation of bearish trends during weak rebounds.

Trading Suggestions:

Bitcoin 94900-95500, target down to 93300-93800

Ethereum 1830-1850, target down to 1760-1790