Monday Evening Thought Analysis $BTC $ETH

From the 4-hour level, although Bitcoin has had some fluctuations after the sharp decline, the overall trend is downward. The MACD has consistently shown green bars, and the fast and slow lines are widening, indicating a dominance of bears. The MACD death cross on the daily chart also suggests that market sentiment is not very good. The RSI is currently at 28.87, nearing the oversold zone, and there may be a small rebound in the short term, but don't expect too much, as the daily RSI has not yet reached extreme low levels, and there is still room for a decline.

From the weekly perspective, Bitcoin has a "double top test" pattern, with 124474 basically considered as the current high point. Overall, bears dominate, the MACD shows divergence, and trading volume is shrinking, indicating insufficient buying pressure in the market. There is significant resistance above, making it difficult to break through previous highs, and there are still more opportunities to short.

Personal Suggestions:

1. Bitcoin: Short in the range of 115500-116500, increase short positions around 117400, with targets looking at 114400-112700.

2. Ethereum: Short in the range of 4320-4350, increase short positions at 4400, with targets looking at 4220-4150. (For Ethereum long positions near 4160-4170) #ETH质押退出动态观察 #加密市场回调 #中国加密新规