During the midnight period yesterday, the Bitcoin market rebounded after falling to a low of 115929. By the morning period, the price rose to around a high of 116938, but faced resistance at this level, currently showing a downward trend again. The Auntie market trend is basically in sync with Bitcoin, as its price dropped to a low of 4316 at midnight before starting to rebound, but faced pressure again when it reached around a high of 4388 in the early morning.

From the current market performance, the four-hour chart shows that after recording two consecutive bullish candles, the market faced resistance at the middle Bollinger band, interrupting the continuation of the bullish rebound. Currently, the middle Bollinger band has clearly formed a key resistance area for the bullish rebound. Without an effective breakthrough at this position, it is difficult for the market to form a substantial trend reversal. Looking at the one-hour chart, after completing a round of rebound, the market shows a trend of two consecutive bearish candles. In terms of indicators, the KDJ indicator has formed a high-position dead cross pattern, and the RSI indicator also shows signs of turning downward, indicating that after a short-term rebound correction, the bearish forces are entering a stage of increased volume again. The morning suggestion is to focus on a bearish approach.

Tuesday morning strategy: Short Bitcoin around 116300, target at 115000.

Tuesday morning strategy: Short Auntie around 4340, target at 4250.#加密市场回调 .