Early Morning Bitcoin and Ethereum Market Analysis:
From the trend perspective, on the four-hour level, the market is operating below the middle band of the Bollinger Bands. Although the bulls have shown brief resistance, due to the pressure from the middle band and the downward opening of the Bollinger Bands, the overall trend remains bearish, and the moving averages are also in a bearish arrangement. Therefore, the current rebound is more likely a technical correction rather than a trend reversal.
Early Morning Trading Suggestions: Bitcoin can be shorted around 112000, with a target near 111000. Ethereum can be shorted around 4650, with a target near 4600. $BTC $ETH #ETH走势分析 #比特币远古巨鲸持续出清