Bitcoin Market Analysis: On the 4-hour timeframe, the trend structure shows the price breaking below the previous upward trend line, completing a "breakout - retest - secondary dip" bearish pattern. Currently, it is in a technical rebound phase after being oversold, with the rebound being a correction within a downtrend and not a reversal. The MACD indicator shows a golden cross below the zero line, with decreasing green bars, indicating weakening bearish momentum. There is short-term rebound demand; however, the overall trend remains bearish, so intraday short-term trading should focus on rebounds.



Ethereum Market Analysis: On the daily timeframe, the trend structure shows the price below the downward trend line, also in a technical rebound phase after being oversold. The rebound needs to break the key resistance at 1984 to confirm a reversal; otherwise, the decline will continue. The MACD indicator shows a golden cross below the zero line, with the red bars beginning to appear, indicating initial short-term rebound momentum. But the overall trend remains bearish, and the rebound needs to break key resistance levels to open up space. Based on the above, Bitcoin and Ethereum have weak short-term rebound momentum, with signs of gradual stabilization and reversal. Personally, I suggest waiting for a slow retest before gradually entering medium- to long-term long positions.

Bitcoin Intraday Short-term Trading Suggestion: Buy on dips around 62400-61900, with a stop loss at 61200, targeting the 65100-65800 area, and a breakout target near 67100. If not broken, consider shorting.

Ethereum Trading Suggestion: Buy on dips around 1640-1615, with a stop loss at 1590, targeting 1730-1766, and a breakout target near 1810-1850. If not broken, consider shorting. (Strategy for reference only)
BTC2.01%
ETH2.35%
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