$ETH Don't let short-term fluctuations bind your mindset, just as you shouldn't let rumors influence your judgment. The daytime market continues to show a weak pattern, overall presenting a fluctuating downward trend. During the midnight period, prices continued to decline to around 83800 low, briefly stabilizing before a small rebound, currently maintaining a consolidation rhythm around the 85400 line; Ethereum is also weakening, having touched the support level near 2710 during the day before slightly rebounding, currently entering a narrow fluctuation phase in the 2750-2760 range.

From a technical perspective, analyzing in depth, daily price levels continue to operate below the moving average system, with the Bollinger Bands showing a downward opening trend, prices weakly consolidating near the lower track, and the bearish dominance pattern is clearly visible. Recently, the market has attempted to rebound multiple times but has failed to break through the upper resistance level, and the short-term rebound momentum continues to weaken, likely extending the downward trend and further approaching the key support area below. From the four-hour level, the market has occasionally experienced slight rebounds during the ongoing decline, but each rebound has been accompanied by shrinking volume, failing to form effective breakthroughs, and the rebound strength is far less than the downward momentum, essentially belonging to a weak correction within a downward trend. The moving average at this level shows a typical bearish arrangement, and the MACD indicator remains low, with bearish momentum not yet fully released. The core strategy for evening operations continues to focus on shorting on rebounds, suggesting to lay out short positions relying on the upper key resistance area to accurately grasp trend-based profit opportunities.

Bitcoin: Layout short positions near 85500-85800, targeting down to 83500

Ethereum: Layout short positions in the 2780-2800 range, targeting down to 2650#ETH巨鲸增持