From the four-hour technical structure perspective, the current market is still operating within a downward trend framework. The short-term trend has formed a step-like descending pattern, with prices quickly dropping from the mid-band area to near the lower band of the Bollinger Bands. Although the current price has touched the lower support band, there is still no clear signal for a stop-loss and stabilization based on the market performance. The continuation of the slow downward trend reflects that the support level's holding strength remains weak, and the bearish momentum in the market has not been effectively released.
Based on the above technical characteristics, the operational strategy suggests maintaining a high short view during rebounds. It is necessary to closely monitor changes in volume during the rebound process and the suppression effect in the mid-band area. Without clear reversal signals, it is not advisable to blindly enter long positions, and the focus should still be on capturing high short opportunities. Strict stop-loss settings are required in trading to guard against unexpected rebound risks, while paying close attention to the subsequent testing strength of the price against the lower support and whether a stabilization pattern can be formed.
Morning Suggestions
Bitcoin around 95000, look for 93000 below
Ethereum around 1830, look for 1780 below
