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5.7 Morning Analysis:
On the four-hour chart, the market continues to weaken along the narrow downward channel, with price oscillating and declining without a strong rebound, and volume showing a persistent pattern of weak bullish momentum. Moving averages are trending downward simultaneously, and the short-term bearish dominance remains unchanged.
The daily chart also maintains a downward channel trend, with prices staying in a weak consolidation. After a sharp drop in the upper-middle band area, there has been no effective rebound for a long time. The bearish volume continues to shrink, and the moving averages have not formed a joint upward attack structure. Overall, this week's trading should prioritize a high short position strategy. Whether the market can rebound and recover lost ground depends on waiting for the price to test and stabilize at support levels before making further judgments.
Trading suggestions:
Bitcoin 81,500-82,000, target 80,300, 79,000
Altcoin 2360-2380, target 2,300, 2,250