Good evening! The current price has fallen below all key moving averages, with the hourly chart showing a clear bearish sentiment. The MACD is in a bearish crossover and the histogram is expanding, indicating strong bearish momentum and a withdrawal trend. After breaking through psychological support, the price is accelerating downwards. Although short-term indicators are oversold, the strength is weak, and the overall possibility of further decline still exists. If the price cannot recover the 3040 level, it may further test support. A rebound facing resistance could consider a light short position.

BTC is under pressure near the 86800-87500 range and may subsequently test the 85400-84500 range;

ETH is under pressure near the 3000-3035 range and may subsequently test the 2945-2910 area.

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