Andy Hua's Market Commentary on BTC and ETH in the Afternoon



Based on the four-hour technical analysis of Bitcoin, the market has already formed a clear double-top reversal pattern. Combined with MACD, RSI, and other indicators showing synchronized top divergence signals, this further confirms that short-term bullish momentum is severely lacking, and the bearish trend is becoming more apparent. The market's bullish and bearish dynamics have shifted toward a bearish dominance.

It is expected that after facing resistance at higher levels, the market will likely decline. The recommended trading strategy remains to go short on rallies, gradually building short positions at key resistance zones. During trading, be sure to manage position sizes and risk controls carefully.

Trading Recommendations

BTC: Enter short positions in the 75,000-75,500 range, with the lower target at 74,200-73,000
ETH: Enter short positions in the 2,350-2,390 range, with the lower target at 2,280-2,250
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BTC2.57%
ETH2.65%
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