BTC and ETH began a modest rebound as expected. I repeatedly pointed out this morning that both BTC and ETH were expected to rebound, because there was limited downside room and some support remained at the bottom. So even if they are going to fall, they would first need to make a rebound; it is just that this rebound has been slightly weaker than expected. However, from the 4-hour perspective, bullish momentum is still continuously expanding upward, indicating a need to further test the resistance above. We will focus on the breakout strength at the middle band. If it fails to break through, the rebound will give us an opportunity to open short positions. $BTC $ETH

$ETH I cut 70 at 1877, what a disaster. It rose to 1889, and I lost 800u, plus another 150u for nothing. Today is really fucking cursed.

Looking at ETH’s recent price action, the short-term outlook remains bearish, favoring a pullback under pressure, with selling into rallies as the primary strategy. The market continues to repeat the cycle of rallying into resistance and then pulling back, with prices repeatedly testing the resistance above. After each test, profit-taking selling is released in concentrated fashion. On the hourly timeframe, indicators show that momentum quickly fades after rebounds, with severely insufficient upside continuation. Even when the market stages a short-term rebound and recovery, it is more often a bullish trap amid consolidation rather than a trend reversal. Wait for the market to rebound toward the resistance zone, then layer short positions while closely monitoring the support levels below. Adjust expectations in a timely manner based on the strength of support absorption, and never neglect risk management when entering any trade. Trading plan: Regarding ETH’s current price action, prioritize shorting rallies. Resistance at 1905, 1940, and 1980 is stacked above; as the price rebounds into the corresponding zones, build short positions in batches. Watch support at 1860, 1820, and 1780 below. Repeated short-term tug-of-war between bulls and bears is normal; the levels will not remain fixed, so positions can be entered when the price approaches the zones. If support can effectively withstand selling pressure during the pullback, continue range trading. If support is decisively broken, the correction will accelerate, but every position must have proper protection. #区块链 $ETH $BTC $SOL