#密码资产动态追踪 Midday Market Analysis: BTC and ETH Short-term Resistance Levels

After last night's selloff, this rally in US stocks barely stopped the bleeding. To be honest, this kind of rebound is like a shot of morphine—it makes you feel better for a moment, but the core problem remains unsolved—the momentum is still downward.

$BTC just touched 91600 and then got pushed back down, $ETH is stuck around 3150 and can't move, the rebound space is quite limited. Why? Because this isn't a reversal at all, just technical correction after a decline.

Look at the 4-hour chart and you'll understand. The trend is weak, the Bollinger Bands are already starting to widen downward, and after the price breaks below the lower band, it can only crawl up with some small positive candles—no real strength at all. The moving averages are in complete bearish alignment, and various indicators are contradicting as well. To put it plainly, the bulls have no say, and the bears are still controlling the market.

Based on this judgment, the strategy is simple—sell on every rally.

For BTC, you can consider shorting at the 91500 level with targets around 88000 to 87000. ETH is similar—enter short positions around 3150 with targets around 3050 to 3000. That's how the market is, just wait it out.