4-hour trend shows that the highs continue to move downward, and a clear bear-flag trend has formed. It is not advisable to rush into dip-buying right now; entering blindly can easily lead to getting trapped. There is still a risk of further downside in the future.
During the prior rebound, the upside lacked sufficient volume. When the price bumped into the upper resistance zone, it pulled back, indicating heavy selling pressure and weak support from buyers. At present, the market is only doing consolidation during a downtrend, not a trend reversal—there is no sign that selling has stopped. Consolidation is merely bear-flag accumulation; after the pause, the bear trend may continue.
For BTC: bear-flag on the rebound around 78,500–79,000; downside target 78,000–76,800.
For ETH: bear-flag on the rebound around 2,480–2,510; downside target 2,450–2,380.
During the prior rebound, the upside lacked sufficient volume. When the price bumped into the upper resistance zone, it pulled back, indicating heavy selling pressure and weak support from buyers. At present, the market is only doing consolidation during a downtrend, not a trend reversal—there is no sign that selling has stopped. Consolidation is merely bear-flag accumulation; after the pause, the bear trend may continue.
For BTC: bear-flag on the rebound around 78,500–79,000; downside target 78,000–76,800.
For ETH: bear-flag on the rebound around 2,480–2,510; downside target 2,450–2,380.
