In terms of Bitcoin/Ethereum technology, the current 5-day, 3-day, and 2-day TD indicators are all in a lagging or repairing phase, so for now, we continue to look for short-term fluctuations and downward technical adjustments. On the daily chart, yesterday's K closed with a red TD1, indicating that the indicators are in a repairing phase. The drop in the early morning just happened to cross near the MA30 moving average, which also means there is still strong support below. This does not mean that bearish sentiment has completely ended, as the MACD and KDJ death cross resonance continues to weaken, while the higher-level TD still needs to be repaired.

Looking at the 12-hour level, the current KDJ and MACD death cross resonance is experiencing a volume increase in the downward trend. The current price has fallen below the middle track of BOLL, and it is important to note that the current middle and upper tracks are showing a slight downward pressure rhythm change (if the direction of BOLL changes, this also indicates a change in the short-term trend line). On the main chart, the current MA5 and MA10 moving averages are crossing and weakening, while the current price is in a struggle for a breakout against the MA30 moving average. It can be seen that the short-term selling pressure is still greater than the support, so we continue to look for downward fluctuations in the short term. In simple terms, the bearish sentiment has not yet finished its decline, and the short-term trend will continue. For specific operating points, you can refer to:

BTC: 98000-99000 short, target 96000

ETH: 3780-3820 short in batches, target 3680

The above is my personal evening market analysis, welcome to exchange and learn together!