Monday BTC ETH strategy

From the 4-hour level trend perspective, although BTC has experienced a significant decline during the day and has slowly recovered, the overall rebound structure is relatively weak, and the short-term trend dominated by bears has not undergone substantial change. In terms of candlestick patterns, the bearish engulfing pattern formed by the previous sharp drop has not been broken, and during the rebound process, there have been multiple small-bodied bullish candles, lacking sustained upward momentum.

In terms of indicators, the Relative Strength Index (RSI) slightly rebounded after reaching the oversold range in the morning session, but it is still below the 50 neutral line and has not formed an effective breakout, with the rebound momentum gradually weakening; the MACD histogram continues to narrow but remains below the zero axis, and the dual lines have not formed a golden cross resonance.

In terms of support and resistance, look for 85000 below, with resistance focused on the 89000-90000 range above.

Trading Strategy: Focus on shorting rebounds
BTC rebounded to the range of 88000-89000, target 86000, looking down to 84500.
ETH rebounded to the 2860-2900 range, targeting 2820, looking down at 2750.

If BTC breaks through the resistance at 89000, it proves that the rebound momentum is strong. Stop loss should be implemented in a timely manner, and wait for the high point to stabilize before re-entering.
Personal suggestions are for reference only and do not constitute investment advice!