The current market is still experiencing high fluctuations, and the market's rebound continuity is once again under pressure. Looking at Bitcoin on a four-hour level, the evening market is once again testing the recent upper high, followed by a clear pressure drop, with a pronounced upper shadow, and the resistance above is quite evident, while the downward momentum is gaining strength. Ethereum's trend is relatively strong, showing a clear rebound pattern overall. However, the overall running trend is still significantly driven by Bitcoin, lacking independent momentum. After Bitcoin encounters resistance, the rebound pattern enters a state of low enthusiasm. Therefore, in terms of layout, it is advisable to short in line with the pressure.
Trading suggestions:
Short Bitcoin around 90000-90300 Target below 89000
Short Ethereum around 3130-3150 Target 3000
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)