The daily chart continues to decline, with frequent bearish candles. The long bearish candles on the 31st and 1st confirm strong bearish momentum; the 4-hour chart shows oscillating downward movement with weak rebounds, and multiple support levels are being pressured. The MACD negative histogram shortens, and the DIF and DEA are operating below the zero line, indicating that bearish momentum is weakening but still dominant. Trading Recommendations Look for short positions around 79,000-79,500 for Bitcoin, with targets near 76,000-76,500. Look for short positions around 2,340-2,370 for Ethereum, with targets near 2,140-2,170.
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Evening Analysis
The daily chart continues to decline, with frequent bearish candles. The long bearish candles on the 31st and 1st confirm strong bearish momentum; the 4-hour chart shows oscillating downward movement with weak rebounds, and multiple support levels are being pressured. The MACD negative histogram shortens, and the DIF and DEA are operating below the zero line, indicating that bearish momentum is weakening but still dominant.
Trading Recommendations
Look for short positions around 79,000-79,500 for Bitcoin, with targets near 76,000-76,500.
Look for short positions around 2,340-2,370 for Ethereum, with targets near 2,140-2,170.