Currently, observing from the four-hour level, the market exhibits a clear feature of bearish candlestick arrangement, forming a phase of corrective trend. It is worth noting that after each pin bar pullback, the market enters a certain period of adjustment, but this has not changed the overall direction of movement, which remains dominated by a bearish one-sided trend. On the technical indicator level, the chart has formed a top divergence pattern, and this signal indicates that there may be pullback pressure on the current trend. Meanwhile, the golden cross pattern of the fast and slow lines continues to decline, and the death cross that appears during this period further reinforces the corrective trend, indicating that bearish forces are continuously accumulating, and the depth of the trend is also continuously deepening.
Bitcoin 113200-113700 nearby short, target looking towards 112000-111800 nearby,
Ethereum 4120-4150 nearby short, target looking towards 4000.