Observing the trend of the four-hour chart, we can see that the market is in a state of one yin and one yang, but the currency price did not make a substantial breakthrough or breakout. Instead, it returned to the original trading range after testing downwards, and then tested higher. Then there was a pullback. From a short-term perspective, the market may continue to show a seesaw-like washout during the day. The K-line structure on the hourly chart shows that the market lacks a clear sense of direction. Continuous negative line declines can often be recovered by continuous positive lines, showing a rapid rebound. , but lacks sustained growth and breakthrough.
Therefore, the market may still fluctuate within the range today, and we need to wait for signals in the direction of breakthrough. At present, I still maintain a short rebound view. For Bitcoin, you can consider opening a short position directly in the 66500 area, with the target set near 64500; for Ethereum, you can directly open a short position in the 3850 to 3530 area, with a target of 3700.
