#数字货币市场回调 I checked the market data this afternoon, to be honest, this wave of fall is indeed quite fierce.

Let's start with the daily chart. A few days ago, there were three consecutive small bearish candles that slowly wore down, and yesterday, a large bearish candlestick came directly, smashing the price down to near the lower Bollinger Band. Although there was a bit of a lower shadow at the bottom, the close was still in the red, and the previous rebound was basically all given back. The bears have really established their rhythm this time.

Looking at the four-hour level again. Although there has been a rebound after two consecutive bearish candles, you understand the strength of that rebound — it just can't rise at all. The bulls seem like they haven't eaten, unable to reclaim lost ground. This rebound is more like a breather during the downtrend; technically, it's called a pullback, but in reality, it won't last long. All moving averages are pressing downwards now, and the bearish arrangement is very neat. Want to turn the tables in the short term? Difficult.

So the overall idea is clear: the market's focus is still moving downward, and the bearish momentum is not exhausted yet. In terms of operations, I think the rebound presents an opportunity to short, keeping an eye on those resistance levels, and once the rebound loses strength, you can follow up.

Specific points:

$BTC In the afternoon, you can consider placing short orders near 87400, with the first target looking at the 85500 level.

For Ethereum, you can try to short around 2840, with a target below at 2750.

Of course, pay attention to risk control when trading, don't go all in. The market is always more bizarre than we think.