#BTC 12.2 Early morning Bitcoin Ethereum market analysis and trading suggestions

From the daily structure perspective, today's large bearish candlestick has completely engulfed all the gains of the previous days, and the upward momentum has been completely interrupted. The bearish volume continues to be released, and there is a lack of effective support below, so further downward space is still expected. The overall bullish strength is clearly weak, and the market has clearly shifted to a bearish-dominated pattern.
Guan Zhu Gong 🀄 Hao: Sheng Dong Trend Theory

Switching to the four-hour level, the price has consistently run just below the lower Bollinger Band, with occasional bullish candles appearing, but most have weak bodies, resembling more of a passive corrective rebound after a rapid decline, and do not constitute a trend reversal signal. Although various technical indicators have slightly slowed down, the overall bearish structure has not changed, with pressure still evident, making it difficult for the bulls to organize an effective counterattack.

Overall, the current market is still in a typical weak downward channel, and following the trend with short positions remains the core operational strategy. Until there are clear reversal signals in the downward trend, taking contrary positions to seek a rebound carries significant risks, and sticking to the trend is a relatively safe and effective strategy. Pay attention to the pressure performance near key resistance levels; if the rebound is weak, continue to look for opportunities to enter at high points. It is essential to control positions during operations and set strict stop-loss orders.

Short the large pancake around 85500, with a target of 83500.
Ethereum can be shorted near 2760 in the early morning, targeting 26500 #成长值抽奖赢iPhone17和周边 .