Monday Morning Analysis

Bitcoin rebounded to 100988 after hitting a low of 98115, and Ethereum rose from 2111 to 2246, but overall bearish sentiment prevails.

Technical Analysis: Broke below the lower Bollinger Band, operating within a downward channel, with new lows being established; the middle Bollinger Band continues to decline; KDJ has not crossed bullish, MACD has crossed bearish and green bars are expanding. On the 4-hour chart, a large bearish candlestick confirms short-term bearish dominance. Minor rebounds face resistance and retreat, with strong bearish momentum; it is recommended to short on rallies.

Trading Suggestions

Bitcoin: Short near 101200—101500, target 98500

Ethereum: Short near 2260—2280, target 2130 1419 4256 8126 8959 2200 47