The past has already become history
Let us continue to focus on the future market
The last round of short-term upward price for the coin is facing moving average resistance again
Currently, both Bitcoin and Ethereum are being firmly suppressed by the 15-minute ma60
In the hourly structure, the Bollinger Bands are turning down while the MACD fast and slow lines are crossing below the zero axis
The volume trend is also declining, forming a dead cross
This indicates that the overall trend is under bearish pressure
Therefore, in the future market, we will continue to set up short positions around the resistance
For Bitcoin, enter short around 9.62-9.67 with a target of 9.5-9.45
For Ethereum, enter short around 3655-3685 with a target of 3605-3575
It is important to note that if Bitcoin breaks and stabilizes above 9.7, it will indicate that the trend will continue, and the strategy will need to be adjusted to look upward