Morning Thoughts

The Bitcoin currently shows the four-hour Bollinger Bands weakening from strength to weakness, and the MACD death cross is confirmed. The short-term oscillation is clearly biased bearish, and the risk of chasing longs at high levels has significantly increased. The key observation point during trading is around 80,500. If it can hold and show decreasing volume with stabilization, there is still a possibility of a rebound to the 81,500–82,000 range in the short term; if it breaks below and drops through the 80,000 psychological level, it is highly likely to continue seeking further support around 79,500–78,400.

The Auntie (Altcoin) trend is clearly weaker, with the four-hour Bollinger middle band at 2,330–2,350 now shifting from support to strong resistance, and the MACD death cross continuing to expand downward. The core observation zone during trading is around 2,280–2,300. If it can hold, a short-term rebound to near 2,350 is possible, but the rebound height is limited; if volume increases and it breaks below 2,280, it is highly likely to further test the deep correction targets of 2,240–2,218.

In terms of operation, focus on the resistance levels of Gaokong strategy, wait for stable entry points, reference around 81,000 for Gaokong, with a target of 79,000, and for Ethereum, around 2,350 for Gaokong, with a target of 2,250.