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#密码资产动态追踪 Midday Market Breakdown: Short-term Resistance Analysis for Bitcoin and Ethereum
After last night's plunge, the US stock market's rally this time barely stopped the bleeding. But honestly, this kind of rebound is like taking morphine—it feels good for a moment, but the core problem hasn't been solved—momentum is still downward.
$BTC touched 91600 and was pushed back, $ETH is stuck around 3150 and can't move, leaving very limited room for a rebound. Why? Because this isn't a reversal; it's just technical correction after a decline.
Looking at the 4-hour chart makes it clear. The trend is weak, Bollinger Bands are already starting to open downward, and after the price broke below the lower band, it can only rely on small bullish candles to inch upward, with no real strength. Moving averages are in a full bearish alignment, and various indicators are contradicting each other. In short, the bulls have little say, and the bears are still dominating the market.
Based on this judgment, the strategy is simple—continue shorting on rebounds.
For Bitcoin, consider shorting around 91500, with targets in the 88000 to 87000 range. Ethereum is similar; enter short positions near 3150, with targets at 3050 to 3000. That's the market, just wait and see.