The weekly line has consecutively closed bearish, the daily chart is in a complete downtrend channel, and all moving averages on the 4-hour and 1-hour cycles have turned downward, with a clear overall bearish trend.

Prices have rebounded slightly to the short-term resistance zone and then declined on volume, showing clear weakness. The current market has no bullish signals that can support a sustained reversal.

Multiple negative factors are stacked, and the medium-term major bearish structure remains unchanged. The rebound is just a short-term technical correction; do not blindly bottom fish or bet on a reversal.

Gold: Short in the 4050–4075 range, first target 4020, second target 4000; if it effectively breaks below 4000, then look for lower support below$BTC $GT $ETH