A New Week Begins - Strategies Unveiled

Bitcoin has recently continued to be in a downtrend channel, with the 4-hour candlestick chart showing increased selling pressure and forming a 'W' double bottom prototype, but the upper resistance is concentrated at 83,500, and a breakout requires volume support.

The daily MACD and KDJ indicators continue to show a double death cross signal, and the RSI is close to the oversold range (34.45), indicating that short-term selling momentum has not yet fully released.

On the weekly chart, the MACD is showing a high-level death cross, and the Bollinger Bands are narrowing, suggesting that the mid-term trend is still dominated by fluctuations, and one should be cautious of the risk of further decline to 78,000 after breaking the key support level of 80,000. In the afternoon, the focus remains on shorting during rebounds.

Ethereum: Short around 2060

Stop Loss: 2100

Target: 2020—2000

Personal Opinion for Reference Only