From a technical perspective, the 4-hour chart still shows a weak pattern. The rebound to the middle Bollinger Band is being pushed down, with the band opening narrowing, indicating weak rebound momentum. After a brief consolidation, bears regain control, and the downward rhythm becomes increasingly clear. The 1-hour level is more direct—price cannot break above the middle band, and the middle band is moving lower, showing a typical bearish suppression structure. The current rebound is essentially correction, not reversal. Summary: The trend hasn't changed, weakness remains, rebounds offer shorting opportunities. Operations: Short BTC in the 70500–71000 range, target 68000; Short ETH in the 2160–2180 range, target 2020. $BTC $ETH #Gate正式接入Polymarket #BTC突破71000美元 #美股三大指数集体收涨
3:25 Midnight BTC/ETH Silk Road Thoughts
From a technical perspective, the 4-hour chart still shows a weak pattern. The rebound to the middle Bollinger Band is being pushed down, with the band opening narrowing, indicating weak rebound momentum. After a brief consolidation, bears regain control, and the downward rhythm becomes increasingly clear.
The 1-hour level is more direct—price cannot break above the middle band, and the middle band is moving lower, showing a typical bearish suppression structure. The current rebound is essentially correction, not reversal.
Summary: The trend hasn't changed, weakness remains, rebounds offer shorting opportunities.
Operations: Short BTC in the 70500–71000 range, target 68000; Short ETH in the 2160–2180 range, target 2020. $BTC $ETH #Gate正式接入Polymarket #BTC突破71000美元 #美股三大指数集体收涨