#数字资产市场动态 BTC and ETH Market Observation and Trading Strategies

Market Status: From the 4-hour chart, Bitcoin is still in a downward channel, repeatedly testing lows. Although there have been several signs of a rebound by the bulls, there is still a lack of sustained momentum. The middle and lower bands of the Bollinger Bands are both trending downward, indicating that the bears currently hold the advantage in the short term. Yesterday’s candlestick formed a two-black-candles-with-one-white pattern, which usually suggests that selling pressure will continue.

Looking at the 1-hour timeframe, BTC has experienced consecutive rises, but each time it approaches the upper resistance level, it gets pushed back down, indicating that the rebound strength is limited. As support levels below are continuously broken, the entire downward space has fully opened up. Before a clear surge appears, a prudent strategy is to focus on shorting rebounds.

Specific Trading Recommendations:
• BTC: Consider short positions in the range of 87200-87700, targeting around 86000
• ETH: Short positions can be considered at 2930-2950, with a focus on support levels at 2800-2850

The core logic is to use rebound highs to short rather than chasing the market on rallies or dips. Until the bottom is confirmed, this approach helps to keep risk more manageable.