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The 4-hour short framework has not reversed. The MACD green bars keep shrinking, and reduced selling pressure at lower levels has driven this round of rebound and repair. However, the spread between the two lines is still relatively large, and bearish momentum still dominates overall. This current rise is merely a technical retracement rebound within a downtrend, and no trend-reversal signal has appeared.
The short-term rebound has covered the initial losses. At this stage, the rebound has failed to break through the key resistance level. Dense clusters of bearish candles are pressing overhead one layer after another, and the market remains weak overall with strong upside resistance. Go short in the evening following the trend, control your position reasonably, keep your defenses in place, and never go against the single direction.
BTC short on the rebound near 63000-63500, targets 62000-61000-60000
ETH short on the rebound near 1750-1780, targets 1700-1650$BTC $ETH