Monday morning Jingyi's thoughts

From a technical structure perspective, the 1-hour level continues to move along a downward channel, with highs progressively lowering. Currently, 597 is under pressure from all short-term moving averages; the upper short-term pressure is at the 60k mark and 608, the first support below is 595, and the key strong support is 583. The overall trend is oscillating downward, with a bearish dominant structure.

The MACD red bars are narrowing and about to turn green, indicating short-term bullish momentum is fading, while bearish power is gradually strengthening. The KDJ has a slight need for weak short-term rebound repair, but the medium-term trend is downward. Daily volume is increasing on declines, capital is clearly fleeing, and rebounds are accompanied by low volume, showing a weak characteristic.

The primary trend prioritizes shorting; overall highs are continuously decreasing, the MACD is turning down and weakening, and following the trend to short is the core approach.

Operation Suggestions

For Bitcoin, if the rebound is capped and stagnates in the 600–603 range, enter a short position. The first target is 595, then break to 581, 550, 480.

If the 595 support temporarily stops the decline, a small long position can be taken as a counter-trend rebound, but the space is limited. Only target around 600, and do not hold for the long term.

For Ethereum, enter a short position in the 1590–1630 range for the rebound. The first target is 1560, then break to 1500, 1440, 1360#美光市值超越Meta跻身全美前十