The short-term trend is already obvious, the upward momentum is limited, and it still needs to continue to explore support and accumulate strength. It is still too early to bottom out, and we should wait for the lower support to form.
On the daily level, the MACD energy bars are running with a decreasing bullish momentum, the fast and slow lines overlap, the KDJ has a dead cross pattern, the Bollinger Bands are narrowing and slightly downward, and the K-line has not even been able to stand on the middle rail, all of which are bearish downward signals, so the focus is naturally on short positions.
Short at the rebound of Bitcoin in the 87500-88200 range, targeting 85000-84000.
Short at the rebound of Ethereum near 2980, targeting 2870-2820.
