2026-02-04 02:26:33

2-4 Week Wednesday Morning Outlook

On the four-hour chart, the price rebounded and repeatedly faced resistance at the middle band of the Bollinger Bands, indicating a technical correction. The downward trend remains unchanged. The three Bollinger Bands are narrowing downward, indicating reduced volatility and that the bears are gathering strength, with a clear downward direction.
The one-hour bearish structure is solidified: after a brief rebound, the price quickly broke below the middle Bollinger Band, which then became a persistent resistance level; after the KDJ indicator recovered, it formed a death cross again, showing weak rebounds and continuous bearish momentum.
Trading Suggestions
Short positions around 76,900-77,400 for Bitcoin, targeting 74,900-75,400
Short positions around 2,300-2,330 for Ethereum, targeting 2,150-2,180$BTC $ETH #美国部分停摆结束

BTC-2.03%

ETH-2.33%

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