3.9 Thinking Analysis

As the new week opens on Monday, the market signals are already very clear—bulls have basically lost momentum and are unable to mount a counterattack. The four-hour chart shows continuous downward decline, with the overall rhythm gradually grinding lower, indicating that this downward move is clearly not over yet.

From a structural perspective, the bearish trend is very obvious. The Bollinger Bands are opening downward overall, with the price consistently being pushed near the lower band, which is still trending downward, representing a typical weak market pattern. Although the MACD showed a slight narrowing last weekend, seemingly stabilizing temporarily, that was just a minor technical correction.

After this recent dip in the early session, the death cross reappeared with increased volume, reactivating bearish momentum. Therefore, the current market is overall bearish, and the downside space has been fully opened.

Bitcoin suggestion: around 67,800-68,300, with a target of 66,800-65,000.

Altcoin suggestion: around 2,000-2,030, with a target of 1,930-1,830. #国际油价突破100美元 #比特币重回跌势 #哈梅内伊之子当选伊朗领袖