Xu Xu Baby Says Coin

Observing on the hourly chart level, after the price hits the moving average resistance zone formed by MA144 and MA169, the upward momentum has significantly weakened. Although the MACD golden cross pattern is still maintained and the red bars have not completely disappeared, the divergence structure of 'price slightly rising while trading volume continues to shrink' exposes the current rebound lacks sufficient capital support, resembling more of a technical correction within a downtrend rather than a reversal signal.

In terms of operational strategy, one could pay attention to shorting opportunities in the 115000-115500 range for Bitcoin, with downward targets of 113300 and 112500 respectively; for Ethereum, consider placing short orders in the 3560-3590 range, targeting the 3480 and 3400 areas.

It is important to note that the effectiveness of the short-term moving average resistance zone still needs to be verified. If the trading volume suddenly expands and breaks through this area, the strategy should be adjusted in a timely manner. The short-term market competition is intensifying; operations must be combined with real-time changes in volume and price, and risks should be strictly controlled.

Personal opinion, for reference only.