The recent K-line of Bitcoin has formed multiple long upper shadow bearish candles, indicating strong selling pressure above. In the 4-hour timeframe, there have been multiple rebounds that failed to break the previous high, suggesting that the market faces correction pressure. The current MACD histogram is in the negative value area, but there are signs of shortening, indicating a weakening of the bullish momentum, which may lead to a rebound. The daily level of Ethereum continues to show a death cross, while the fast and slow lines in the 4-hour chart are approaching the 0 axis. The bullish momentum is dominant, but there is a risk of bottom divergence. Pay attention to support lines around 81600 and 1760. It is recommended to enter long positions at lower levels in the evening.

Trading suggestion: Enter long positions for Bitcoin around 82000 to 82500, targeting around 84500. For Ethereum, enter long positions around 1760 to 1790, targeting around 1850. $BTC