7.1 Evening


Currently, BTC is trading around 5.89. Intraday, it has oscillated upward from the 5.77 area, but multiple attempts above 5.9 have failed to hold effectively. From a technical perspective, the 4-hour level is still running below the zero line, and the RSI has not shown any clear strengthening signal. Therefore, at this stage, we cannot judge a trend reversal based on just one short-term rebound.

In the evening, focus on the BTC resistance zone of 5.9-5.94. If this area continues to hold pressure, a short-term short-selling strategy can be maintained. The first target below is around 5.8, then continue to look at around 5.72.

Suggestions
BTC: Short at 5.92-5.96.7, target 5.8
ETH: Short at 1582-1599, targets 1550-1530.
BTC2.56%
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