Observing the current market, it has rebounded after touching a key support level intra-day, with short-term technical patterns showing some repair, but the overall trend remains unclear. It is noteworthy that the MACD indicator has formed a golden cross below the zero axis, and the green momentum bars have begun to release or strengthen, injecting momentum into the short-term rebound. However, the subsequent trend still depends on whether it can effectively break through the key resistance area above, which will be critical in determining whether the rebound can continue or even reverse the trend. Investors should pay close attention to the strength and sustainability of the MACD golden cross. In terms of operational strategy, it is recommended to maintain a bearish outlook. If the price stabilizes and rebounds successfully, the strategy should be adjusted in a timely manner.
Evening Suggestions:
Bitcoin 104300-104100🈳 Target around 102450
Ethereum 2475-2455🈳 Target around 2375
