Currently, the 4-hour chart shows high-level consolidation with a bearish bias. The short-term tug-of-war between bulls and bears has entered a heated phase, with core support and resistance zones clearly defined and competition for key levels becoming increasingly intense.
Looking back recently, after a rapid decline earlier, the market is now consolidating in a relatively low range. Technical indicators provide clear directional guidance: the KDJ indicator has formed a bearish crossover with the K line crossing below the D line. This signals not only a short-term oversold market warning but also suggests that bearish momentum may continue. Combining the current candlestick patterns and volume changes, the technical picture is predominantly bearish, with short-term downside momentum not yet fully released, indicating further room for decline ahead.
BTC: Short at 91,500-92,500, target around 90,000. ETH: Short at 3,100-3,150, target around 3,000.
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Monday Daytime BTC/ETH Latest Strategy
Currently, the 4-hour chart shows high-level consolidation with a bearish bias. The short-term tug-of-war between bulls and bears has entered a heated phase, with core support and resistance zones clearly defined and competition for key levels becoming increasingly intense.
Looking back recently, after a rapid decline earlier, the market is now consolidating in a relatively low range. Technical indicators provide clear directional guidance: the KDJ indicator has formed a bearish crossover with the K line crossing below the D line. This signals not only a short-term oversold market warning but also suggests that bearish momentum may continue. Combining the current candlestick patterns and volume changes, the technical picture is predominantly bearish, with short-term downside momentum not yet fully released, indicating further room for decline ahead.
BTC: Short at 91,500-92,500, target around 90,000.
ETH: Short at 3,100-3,150, target around 3,000.
Personal opinion, for reference only!
$BTC $ETH