Ethereum rebounded near 1503 and has now moved back to around 1640, oscillating up and down. On the daily chart, Ethereum remains in a downward channel, with the price closely following the lower band. Meanwhile, on the four-hour chart, the Bollinger Bands are gradually narrowing, with resistance above at 1700 to 1720, and support around 1570 to 1550 USD. The bullish red bars are slowly decreasing in volume, and the KDJ lines are diverging downward without a clear bullish signal. The overall trend is downward, so trading should mainly focus on short positions.

Enter short positions around 1640-1650, targeting 1600-1580, with a stop loss at 1550-1540 if broken.

Bitcoin has been trading below the lower Bollinger Band for several days, and the Bollinger Bands are still opening downward, with the upper and lower bands moving lower in sync. The MACD bearish green bars have shortened but are still below the zero line. On the four-hour chart, after rebounding near the middle Bollinger Band, the price started weakening. The bullish volume bars are rapidly decreasing, and the fast and slow lines are converging below the zero line, showing a potential death cross trend. The three lines of KDJ are diverging downward simultaneously, so trading should mainly focus on short positions.
Suggest entering short positions around 61800-62300, targeting 60800-60000, with a stop loss at around 59500.

Market conditions change rapidly; strategies are for reference only. Use proper stop-loss and take-profit measures. #Strategy低位加仓1550枚BTC