Let’s discuss the midday outlook for BTC and ETH

The market has already provided the clearest bearish signals; high-level consolidation is just the last flicker of the bulls’ strength!
Judging from the overall chart formation and the direction of capital flow, the key resistance levels above continue to see selling pressure building steadily; every time the price rebounds, it meets ruthless suppression. The upward assault momentum from the bulls has completely dried up, and the bearish downward momentum is accelerating as it releases.

In the 4-hour cycle chart, the standard double-top reversal pattern has already been completed. Divergence signals at the top on indicators such as MACD and RSI keep strengthening. All the bulls’ resistance is nothing more than a futile, dying struggle; the bearish trend is already established, and the balance of power between bulls and bears has been fully controlled by the bears.

The probability of the market continuing to fall from the high levels is extremely high. For trading, you must be firm about shorting into strength. Rely on the key resistance levels to scale in short positions in batches, set your stop-losses, and hold tightly to the profits from this bearish trend—we must firmly keep them in our hands!

Trading suggestions:
Short in the 77,200-76,000 range,
Lower target: 76,000-76,500

Short in the 2,450-2,500 range
Lower target: 2,300-2,350#GatePreIPOs首发SpaceX #Gate13周年现场直击 #山寨币强势反弹 #Anthropic与OpenAI竞争升级