Thursday Morning Jing Yi's Trading Analysis

The market is never short of opportunities; what’s lacking is the patience to wait for them and the courage to stay disciplined. Only trading within your knowledge scope and blocking out external distractions can lead to more stable and longer-term success.

Currently, the MACD double lines remain in a dead cross and continue to move downward, with the momentum bars below the zero line further expanding. The trend has shifted from strong to weak. Recent rebounds are merely technical corrections and do not indicate a trend reversal.

On the four-hour chart, after a brief rise, the price faces resistance and falls again. The middle band of the Bollinger Bands continues to move downward, forming strong resistance. Overall, the market shows a typical weak pattern, and effective reversal signals are unlikely in the short term. The bears still dominate the market rhythm. Consider shorting on rallies during the day, stay flexible, and adjust promptly.

Trading Recommendations
Bitcoin rebound in the 90500–91300 range for short positions, with short-term targets of 89800–89000.

Ethereum rebound in the 3050–3080 range for short positions, with short-term targets of 3000–2950.