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4-hour level, Bollinger Bands continue to open downward, with price consistently constrained by the upper band. Multiple rebounds have been met with pressure and pullbacks, with bulls showing weakness and failing to break through key resistance zones. Moving averages across all timeframes show bearish alignment, with short-term MAs continuously pressing downward, forming layered resistance levels that limit upside potential. Following the KDJ indicator's bearish crossover at high levels, it continues to diverge downward, with bearish momentum still releasing. The overall bearish structure remains unchanged with no clear reversal signals visible in the short term.
Current market action is dominated by weak consolidation and decline, with rebounds treated merely as corrections. Operationally, maintain a trend-following short strategy without blindly catching falling knives. Wait for rebound resistance before entering positions in batches, strictly controlling position size and risk, and adhering to trend-trading discipline.
Operation Suggestions:
Arrange short positions in batches within the 2160-2180 zone, targeting the 1980-2030 area. #Gate13周年全球庆典 #加密行情震荡 #黄金创43年来最大单周跌幅 #中东局势引发全球市场暴跌 $BTC $ETH