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The rise and fall in the crypto world is never a judgment of fate, but a practice of one's character. The fluctuations of the Candlestick chart are like waves crashing against the shore; during a rise, there is no need for wild joy, and during a fall, there is no need to panic. A true hunter always remains calm amidst the noise and plans during silence. Looking back at the weekend, Bitcoin started rising around 100000 in the early morning, peaked at 104070 in the morning before retreating, and reached a low of 101400 before entering a narrow consolidation phase. Ethereum rose steadily around 3270, oscillating between 3400-3490 from midday to evening before retreating, with a low of 3353 during the consolidation.


Based on the current market analysis, the four-hour level shows a five consecutive bearish candlestick downward trend, with bearish momentum continuously being released. The price is operating within a descending channel, and the overall trend is weak. Although the one-hour level has seen a two consecutive bullish rebound, the bullish momentum is obviously insufficient, making it difficult to reverse the current weak pattern. The MACD indicator's dual lines continue to extend downward, and the histogram operates below the zero axis, further confirming the dominance of the bears. Overall, the recommendation for operations in the early morning is to focus on short positions during rebounds.
Operation suggestions:

Follow the trend of work type Hao: Changsheng looks at the trend

Bitcoin: Around 102500 can rise Target looks at 100000
Second pancake: around 3450 can be shorted, target looking at 3250.

$BTC $ETH
BTC-4.43%
ETH-1.56%
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