Evening Analysis for 5.8:

The four-hour candlestick chart shows that after a sharp decline, the price has entered a narrow range of fluctuations at a low level, overall in a weak recovery phase. The current price is consolidating horizontally within a converging channel, clearly restricted by the middle track, with bulls repeatedly attempting to break through but failing effectively, and momentum release is hindered. Although the moving average system maintains an upward trend, the price rebound lacks strength, and the short-term volume is gently recovering but struggles to form a sustained breakthrough.

The short-term weak pattern continues, with bullish volume not accumulating substantial attacking momentum, and both technical pressure and market momentum do not support a rapid reversal in the short term. The operational suggestion is to focus on short positions, paying close attention to the middle track of the channel and the key resistance levels above, setting up short positions on rallies, strictly setting stop losses, avoiding counter-trend bottom fishing, and patiently waiting for the trend to clarify further.

Operational Suggestions:

Bitcoin 99600-100000 range, looking at 98600-98000

Ethereum around 1960-1990 for short, looking at 1900-1850