Analyzing from the four-hour chart, the current MACD indicator shows a clearly bearish pattern.


The DIF and DEA lines are consistently below the zero line, indicating that the overall market is in a weak range dominated by bears.

The two lines continue to maintain a death cross and are further diverging, with the downward momentum accelerating. At the same time, the MACD green bearish momentum bars continue to expand, with no clear signs of contraction or stabilization, and bearish power is still being released.

From the overall indicator structure, the bulls have not formed effective counterattack momentum at this stage. The overall large-level downtrend has not seen a substantial reversal. There is heavy selling pressure above, and the downward pressure has not been relieved. The market is likely to continue a weak, oscillating downward trend.

btc rebound short near 60200-60800, target 59200-57600

eth rebound short near 1590-1630, target 1550-1480$BTC $ETH
BTC0.84%
ETH1.01%
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