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Yesterday, the overall market pace slowed down again, with mainstream cryptocurrencies trading sideways within a narrow range throughout the day, and volatility significantly contracting.
From a daily chart perspective, the downward channel is still ongoing, and prices remain in a weak consolidation pattern. Since the previous dip, prices have consistently been pressured within the upper-middle band, with insufficient rebound momentum to form an effective recovery. Although selling pressure has decreased in volume, there is no clear sign of weakening, and the moving average system has not formed an upward momentum. Overall, the market remains weak.
On the four-hour chart, prices are moving along a narrow downward channel, with the oscillation center gradually shifting lower. Rebounds lack strength and sustainability. Bullish volume is weak, unable to form an effective counterattack pattern. All cycle moving averages are diverging downward simultaneously, indicating that the short-term pattern is still dominated by bears.
In summary, there are no key signals indicating a reversal of the weakness in the current market, so the trading strategy remains bearish.
Bitcoin rebounds around 67,500-68,100; short below 66,000-65,300; if broken, continue to look lower.
Ethereum rebounds around 2,080-2,110; short below 2,010-1,950.
#假期持币指南 $BTC $ETH