#BTC #ETH 4 hours level view, the resistance response after the price touches the upper track is clear. The continuous downward rhythm of 4 bearish candles, combined with the closing of a doji candle, shows short-term signs of stopping the decline, but it seems more like a brief pause in the process of releasing momentum rather than a signal of trend reversal. In weak structures, the doji more often represents a temporary balance of strength, and the rebound momentum has not yet formed an effective consensus. On the MACD indicator, the continued divergence after the dead cross above the zero line, combined with the expansion of the momentum bars, clearly conveys that the bearish strength is in a strengthening phase. Under this indicator pattern, even if a local rebound occurs, it is difficult to change the inertia of the short-term trend, and it may instead become a process for bears to gather further strength. Considering the characteristics of price oscillating around the bottom, weak consolidation is often a buildup before a breakout. If an effective rebound cannot be formed to reclaim key support subsequently, the possibility of further decline will significantly increase. Overall, the core logic of the current technical analysis still revolves around the dominant momentum, and the strategy remains to short after a rebound at high levels.

Operational Suggestions

Bitcoin around 108500 long, target looking towards 107000.

Ether around 2560 short, target looking first at 2500.