Early morning Bitcoin continues to follow the pattern of a bullish rebound, recovering and pushing upward to test the 77,800 level, which faces resistance and adjusts. We have emphasized this position multiple times—the top of the oscillation range, reaching it is a trap. Without significant volume-driven momentum on the left side, the market remains sluggish. This kind of movement indicates that the bulls lack confidence; if they can't push higher, they can only wait for a correction. After three consecutive days of consolidation, today's market is likely to show a clear direction. Ethereum is roughly synchronized with Bitcoin; early morning rebound to 2,140 faces resistance and adjusts, currently retracing to around 2,100 for consolidation. We also indicated short positions early morning; friends who have entered should hold, and consider taking profits once 77,000 breaks.



Bitcoin surged and faced resistance, then pulled back. The key support at the middle band of the Bollinger Bands has been broken. Once the middle band support is broken, it turns into resistance, and support becomes stronger pressure. The short-term upward channel has been directly destroyed, and the trend is turning downward. The Bollinger upper band has flattened, and the channel is gradually narrowing, with upward momentum clearly weakening, and the price center shifting downward. The KDJ indicator's three lines are turning downward into a weak zone, confirming a potential bearish signal. The bears are dominating the rhythm; bulls want to rebound but have little strength. During the rebound phase, volume continues to shrink, unable to sustain upward momentum, with low willingness to chase highs. The market's attitude is very clear now—no follow-up on the rise. The current price is firmly pressed down by the middle band; as long as it doesn't close above the middle band in the short term, it is likely to continue testing the lower Bollinger Band. The trading strategy remains unchanged: rebounds are opportunities for shorts, with the middle band as a risk control reference, mainly following the trend to short.

For Bitcoin, focus on shorting in the 77,500-77,800 range during rebounds. Below, watch for a break of 77,000, and if it continues, look at 76,500-76,000. For Ethereum, short around 2,140-2,150, targeting 2,100-2,080. #美伊协议草案 $BTC $ETH
BTC1.1%
ETH1.87%
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