$BTC The alternating red and green of the K-line is merely the market's breath; the cyclical change between bulls and bears is the gift of time. There is no need to worry about single-day fluctuations; true opportunities lie in reverence for cycles and in steadfastness to value.
The 1-hour Bollinger Bands are continuously opening downwards, with the middle and upper bands both under pressure moving downwards. A short-term bearish trend has formed an absolute dominant pattern, and the effectiveness of the key support level at 85500 still requires further market verification. From the perspective of K-line patterns, the characteristics of the downward trend are extremely pronounced—during the decline phase, large bearish candles lead the decline, while the rebound process only shows small bullish candles and doji candles alternating in a weak repair, with slight differences between bulls and bears and continued bearish advantages. Additionally, there has been no significant increase in trading volume, and bullish rebounds lack volume support, with momentum extremely lacking. It is expected that the afternoon market will likely continue the weak downward rhythm.
Short Bitcoin near 87500, target 85000.
Short Ethereum near 2880, target 2750.
