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$BTC
Bitcoin is in a downtrend on the 4-hour chart, with the middle Bollinger Band at 77,300 acting as strong resistance, MACD bearish momentum remains, and although there is a weak rebound on the hourly chart, there is clear resistance around 76,500;
$ETH
Ethereum broke below the 4-hour Bollinger Band middle line at 2,315, and the bearish dominance pattern remains unchanged. Although the hourly chart shows a weak correction following Bitcoin, resistance around 2,310 is prominent.
The overall trading suggestion is a short-term technical rebound within a larger bearish trend, with limited rebound space. The short-term strategy is to consider a rebound with resistance at the high and look for shorting opportunities.
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Gen Dan
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