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Evening Analysis
Within the 4-hour structure, the price continues to be pressured below the middle band of the Bollinger Bands. The two consecutive doji stars at high levels indicate a tug-of-war between bulls and bears, clearly not a sign of bullish strength. Instead, it confirms heavy selling pressure above and exhausted rebound momentum. The structure has not strengthened, the trend has not reversed, and the downside space remains unopened; combined with ongoing negative factors, market risk has not been cleared. In one sentence: bottom-fishing at this moment is not brave but a way to transfer chips to the big players. The outlook remains unchanged; as long as the structure is not broken, the main line remains firmly bearish, waiting quietly for the emotional collapse turning point.
Trading Analysis
Short positions around 79000-79500 for Bitcoin, targeting 76000-76500
Short positions around 2330-2360 for Ethereum, targeting 2130-2160