This weekend, the market movement was quite predictable—just a downward fluctuation, making short positions feel pretty comfortable.



Now that a new week has begun, let's see what signals the market is giving:

Daily Chart:
Continuous bearish candles, forming a textbook downtrend—higher highs and lower lows. It's like someone running and each step is shorter than the last, making it hard to lift your head.

The MACD has formed a death cross, with the green bars still expanding, indicating the downward momentum hasn't fully exhausted itself. RSI is between 35-40, still in the weak zone, far from oversold, suggesting there’s still room to go lower. The Bollinger Bands are even more straightforward—price is hugging the lower band, with the channel pointing downward, confirming the weak trend.

4-Hour Chart:
Showing some signs of improvement. The MACD green bars are shortening, indicating weakening downward momentum, with a potential for a golden cross. RSI has fallen to 25-30, entering oversold territory, and a short-term bounce could happen at any moment. But remember, this is just a rebound, not a reversal.

1-Hour Chart:
Stuck in a narrow range around 66,600-68,000, with lows still drifting downward, and the rebounds are weak. The moving averages briefly turned up but then dropped again, with the price being pressed below 68,000 and unable to lift.

Today’s Trading Strategy:
· Watch the 66,600 level below, which is a weekly support. Holding this level could allow for a small long attempt; if it breaks, continue to look for short opportunities.
· Above, look at 69,600. If the price rebounds to this level and can't break through, it’s still a short.
· Main theme: Focus on shorting the rebounds, with small longs near support as a supplement.

The weak trend hasn't changed; rebounds are opportunities to short, not reasons to chase longs.
$BTC $ETH #国际油价突破100美元 #比特币重回跌势
BTC0.44%
ETH2.44%
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