During the early hours, influenced by Trump's remarks, Bitcoin experienced significant volatility. The market initially rose sharply, reaching a high of 88,500 before quickly retreating, with a low of 82,300.
From a technical perspective, the 4-hour candlestick chart shows that it has fallen below the middle band of the Bollinger Bands and is trending towards the lower band. Meanwhile, the KDJ indicator shows a clear downward divergence among its three lines, and the momentum is continuously shrinking, indicating that the current bearish strength still dominates. Based on the above analysis, it is recommended to short on rallies.
In the afternoon, Bitcoin rebounded around 84,000, targeting 82,000.
Ether short around 1,860, targeting the 1,750 level.