Market Rhythm Analysis | Short-term Trends of BTC and ETH

Yesterday's bearish strategy indeed captured many opportunities. Today, the market enters a correction phase, and the signals are quite interesting—KDJ on the 12-hour chart shows a death cross, MACD bullish momentum begins to weaken, and the upper band of Bollinger Bands faces clear resistance. All these indicate that short-term upward momentum is fading.

Although trading volume hasn't significantly increased, it remains relatively active, suggesting there is still room for operation. From a moving average perspective, MA5 and MA10 have already crossed downward to form resistance, and MA30 continues to decline, indicating a generally weak rhythm.

In this situation, the approach should lean towards shorting on rallies. Specifically:

**Bitcoin (BTC)**: Consider short entries around 90500-91000, with a target of 89000.

**Ethereum (ETH)**: The 3100-3130 range is a good shorting position, with a target of 3030.

The above is purely personal observation; trading should be cautious.