#美国初请失业金人数 The market movement in the early morning was quite interesting. Bitcoin first did a bottom out action, directly sticking at the position of 84011, and then sprang up like a spring, shooting up to 86817 in one go. What about Ethereum? It basically played the follower, keeping in sync with the rhythm—2718 bottomed out, then rebounded to 2812 following its big brother.

But don't get too excited yet. Looking at the four-hour chart, although there have been two bullish candles, the upper and middle bands of the Bollinger Bands have clearly started to turn downward. The channel is indeed open, but this indicates that space is being released, not that the trend is about to reverse. In simple terms, this rebound is more like a technical breather after a sharp drop; the bears still firmly hold the initiative, and the weak pattern remains unchanged.

Looking at the hourly chart, the consecutive bullish candles have indeed appeared, but the volume is not keeping up, and the momentum indicators have shown no improvement. This kind of repair is essentially a natural pullback after a decline, far from a real reversal. Overall judgment: the price is still lingering in the middle of the downward channel, and as long as the resistance above has not been broken, the rebound provides an opportunity to short.

So the strategy remains unchanged: $BTC is set to short near 86800, looking at 86000; Ethereum can also consider shorting around 2820, targeting 2754. Remember, don't go against the trend.