At the start of the new week, the market once again experienced a sharp decline with increased volume. Bitcoin strongly broke below the key level of 86,000, clearly indicating the rhythm — a stable bearish trend.
Currently, market sentiment is overwhelmingly bearish. On the daily chart, volume-driven declines continue, and technical indicators across multiple timeframes are collectively pointing downward. No reversal signals have appeared. The four-hour Bollinger Bands are continuously trending downward, sealing off rebound space. The price has been operating within a downward channel, and short-term rebounds are more about correction than reversal. The overall structure is very clear: bears dominate, and following the trend is the best strategy.
Operational reference: Bitcoin (BTC): Rebound to the 87,500–88,000 range to consider short positions, Target first at 85,000; if effectively broken below, continue to watch for 84,000.
Ethereum (ETH): Rebound to the 2,880–2,920 range to establish short positions, Target at 2,780; after breaking this level, further focus on 2,700.
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At the start of the new week, the market once again experienced a sharp decline with increased volume. Bitcoin strongly broke below the key level of 86,000, clearly indicating the rhythm — a stable bearish trend.
Currently, market sentiment is overwhelmingly bearish. On the daily chart, volume-driven declines continue, and technical indicators across multiple timeframes are collectively pointing downward. No reversal signals have appeared. The four-hour Bollinger Bands are continuously trending downward, sealing off rebound space. The price has been operating within a downward channel, and short-term rebounds are more about correction than reversal. The overall structure is very clear: bears dominate, and following the trend is the best strategy.
Operational reference:
Bitcoin (BTC):
Rebound to the 87,500–88,000 range to consider short positions,
Target first at 85,000; if effectively broken below, continue to watch for 84,000.
Ethereum (ETH):
Rebound to the 2,880–2,920 range to establish short positions,
Target at 2,780; after breaking this level, further focus on 2,700.
In a trending market, patience for rebounds and decisive shorting are key to securing profits. #黄金白银再创新高 #ETH走势分析 #加密市场观察 $BTC $ETH $XRP