From the current market perspective, the 4-hour level trend shows that after three consecutive bullish candles, the market failed to continue its upward momentum, encountering strong resistance after reaching the pressure level, and buying momentum gradually weakened. As the price faced pressure and retraced, it formed a pattern of three consecutive bearish candles, with bears beginning to dominate the market rhythm. During the subsequent oscillating downward process, trading volume significantly increased, indicating that bullish capital is orderly withdrawing. Although the price once maintained above the middle band of the Bollinger Bands, the bears launched a surprise attack, with a long bearish candle on increased volume piercing through the middle band and reaching the lower band, engulfing the previous gains from the consecutive bullish candles, and there are still no signs of a stop in the decline. It is crucial to pay close attention to the breakout situation at the 116000 level; if it cannot break through, a long position can be established; if it breaks down, a short position can be followed.

Big coin: Short near 116300-116600, with a short-term target of 115000.

Second coin: Short near 3730, with a short-term target of 3620. #比特币 #比特币超话 #以太坊