After a sustained downtrend in the early stages, Bitcoin has shown some signs of rebound. Currently, the price is hovering around 84,000. From a technical analysis perspective, the Bitcoin price is in an upward oscillation trend on the daily chart. However, the Relative Strength Index (RSI) suggests that the downtrend may continue. Bitcoin is currently retesting the key $84,000 area. From a short-term framework, as the downward breakout and bearish retest are completed, the price may start to decline, while the RSI is retesting the 50 midline, and the stochastic indicator has shown overbought conditions. Higher time frames also show a bearish tendency.
Overall, it is still relatively prudent to lay out high short positions. Bitcoin: Short in the range of 84,300–84,700, target: 83,200–82,500, risk control: 85,000. Ethereum: Short in the range of 1,890–1,920, target: 1,840–1,810. Risk control: 1,950. For more information, follow: eth8986#美国加征关税 #AmericanBitcoin发布会 #BNBChain爆发 $BTC $ETH