The short-term downtrend of the姨太 remains unchanged! The price is under pressure at the midline, with rebounds quickly reversing. MACD has a dead cross below the zero line, and the green histogram is expanding, indicating strong bearish momentum. Rebounds are shrinking in volume while declines are increasing, showing that the bulls are unable to hold up.

Although there is a rebound on the 1-hour chart, the larger downward channel is still in effect. The current rebound is a correction after an oversold condition, with dense resistance above, making it difficult to sustain a rally. If it cannot break 2080, a pullback is highly likely.

A rebound to the 2065-2080 zone is a good place to take profits. The first target is 2020-2000✓, and the second target is 1950$BTC $ETH .