Current market sentiment needs to be cautious! While many people have started to buy the dip after the plunge, this may actually be a trap. Historical experience tells us that when retail investors rush in to buy the dip, it is often a signal that large funds are preparing to harvest in the opposite direction. The so-called rebound now seems more like a technical repair after the plunge, with bears still dominating the market.

From a technical perspective:

4-hour chart: The price is still struggling below the lower Bollinger Band, indicating weakness; the MACD indicator is below the zero line and continues to spread downwards, indicating that bear strength is still increasing.

Daily chart: The MACD is about to form a dead cross below the zero line; if confirmed, it will initiate a larger downtrend.

External risks: The tense situation in the Middle East may trigger panic, causing capital to flee risk assets and fueling the bears.

Operational strategy advice:

Bitcoin: Consider shorting in the range of $101,100 - $101,500.

Set a strict stop loss at $102,200.

Target at $99,800, and if it breaks, the next target is $98,500.

Ethereum: Consider shorting in the range of $2,240 - $2,263.

Set a strict stop loss at $2,276.

Target first at $2,187, then at $2,146.

Important reminder:

Operate with a light position and keep a good stop loss! Currently, this is a "bear-dominated rebound," and shorting with the trend is advantageous, but the market is highly volatile and may change at any time.

Keep a close eye on two things: changes in the Middle East situation and the performance of the US stock market at opening. If there is significant positive news, be decisive and exit the market.

Core statement: The current buying sentiment is overheated, with both technical and news factors being bearish; the rebound presents a shorting opportunity, but be sure to maintain a good stop loss and enter and exit quickly! #BTC走势分析 #ETH

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