$$BTC Bitcoin’s rebound from a low near 80,000 has repeatedly run into resistance and pulled back, reflecting the lack of strength among short-term bulls and their inability to mount an effective challenge to resistance at higher levels. Since its latest rebound, Ether has mostly consolidated within the 2,424–2,466 range. Although the overall short-term trend is edging higher, the structure remains relatively weak. Market fluctuations are perfectly normal: rallies are followed by pullbacks, and retracements by rebounds.
Bitcoin’s 4-hour chart remains weak. The price has yet to break above the middle Bollinger Band, and overhead pressure is heavy, making it difficult to open up room for further gains. Several consecutive doji candles have formed below the Bollinger Bands, indicating a prolonged tug-of-war between bulls and bears around 81,900–82,500. Overall, however, the price remains below the middle band, which continues to act as resistance. Unless there is a decisive break above the middle band, this rebound should be viewed as a technical recovery following oversold conditions. For now, the chart has yet to show any strong reversal signals.
Bitcoin: Enter short at 82,500–82,800; target 80,500
Ether: Enter short at 2,480–2,500; target 2,400 #比特币回升至8.2万美元
Bitcoin’s 4-hour chart remains weak. The price has yet to break above the middle Bollinger Band, and overhead pressure is heavy, making it difficult to open up room for further gains. Several consecutive doji candles have formed below the Bollinger Bands, indicating a prolonged tug-of-war between bulls and bears around 81,900–82,500. Overall, however, the price remains below the middle band, which continues to act as resistance. Unless there is a decisive break above the middle band, this rebound should be viewed as a technical recovery following oversold conditions. For now, the chart has yet to show any strong reversal signals.
Bitcoin: Enter short at 82,500–82,800; target 80,500
Ether: Enter short at 2,480–2,500; target 2,400 #比特币回升至8.2万美元
