Overall Structure: Continuous bearish lines declining, still in a clear short position trend Moving Average Trend: Candlesticks far below EMA30, increasing downward angle → Accelerated short phase Price Performance: Broke previous low of 98,888 and rebounded, but the rebound strength is weak Market Rhythm: Typical waterfall decline → Technical rebound correction Currently, it is a minor rebound during a downtrend, not a reversal structure MACD DIF, DEA continue to decline with large green bars, showing signs of slight convergence after significant volume increase Indicates strong short position momentum, but short-term technical correction is needed RSI Short-term rebound from oversold zone below 20, still in weak zone around 30-40 There is room for short-term correction, but no strong trend Volume Decline with increased trade volume → Panic selling releases rebound capacity, still dominated by short positions Support 1 98,888, the previous low, temporary support Support 2 95,500 - 96,500, below target zone, potential funds absorption Resistance 1 103,800 - 104,500, minor resistance zone Resistance 2 108,000 - 110,000, key zone for structure reversal, above EMA30
Summary and Forecast Currently, the technical rebound after panic selling has not broken the short trend. The market remains fragile, and short-term oscillation correction may continue, but upward movement faces difficulty. There may be a second test downward or even a breakdown to shake out traders. Expected Trend Short-term rebound → Resistance around 103,000 → Reversal attempt again. If it falls below 98,888, look toward 95,500-96,500 zone.
ETH Trend Trend Direction: Clear downtrend, continuous long bearish lines releasing panic, lows constantly moving lower Moving Average Structure: Candlesticks far below EMA30, downward pressure → Typical short position control Current Pattern: Sharp decline followed by a small bullish line, a technical rebound after waterfall decline Trend Rhythm: Broke previous low of 3,055 and pulled up, but no continuous upward attack. Weak rebound belongs to a weak correction within a short-term downtrend MACD DIF/DEA clearly downward, widening green bars then shrinking, indicating weakening short position strength. Short-term has some repair momentum but no trend reversal RSI Short-term extremely oversold near 20 → rebound to 30+ still in weak zone (30-40), emotional correction, not a sign of strength Volume Declined during rebound after volume increase during decline, indicating buyers are not actively taking over; the balance still favors short positions Short-term Support 3,055, previous low, a break below suggests continuation Strong Support 2,950 - 3,000, next zone for absorption Rebound Resistance 1 3,400, first resistance during rebound Rebound Resistance 2 3,600 - 3,650, structural resistance & near EMA30 Summary and Forecast Currently, the trend is a short trend + technical rebound after extreme decline, which has not changed. The rebound is weak, and short-term correction may continue, but there is a high probability of further pullback after rebound. Expected Trend Rebound → Resistance around 3,340-3,400 → Return to test 3,055. If it breaks 3,055 → look toward 2,950-3,000 zone. Major Trend Clear short trend Short-term Weak correction Mid-term Still bearish, no trend reversal Trading Preference Prefer short positions on rebounds, do not chase rising prices
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BTC Trend
Overall Structure: Continuous bearish lines declining, still in a clear short position trend
Moving Average Trend: Candlesticks far below EMA30, increasing downward angle → Accelerated short phase
Price Performance: Broke previous low of 98,888 and rebounded, but the rebound strength is weak
Market Rhythm: Typical waterfall decline → Technical rebound correction
Currently, it is a minor rebound during a downtrend, not a reversal structure
MACD DIF, DEA continue to decline with large green bars, showing signs of slight convergence after significant volume increase
Indicates strong short position momentum, but short-term technical correction is needed
RSI Short-term rebound from oversold zone below 20, still in weak zone around 30-40
There is room for short-term correction, but no strong trend
Volume Decline with increased trade volume → Panic selling releases rebound capacity, still dominated by short positions
Support 1 98,888, the previous low, temporary support
Support 2 95,500 - 96,500, below target zone, potential funds absorption
Resistance 1 103,800 - 104,500, minor resistance zone
Resistance 2 108,000 - 110,000, key zone for structure reversal, above EMA30
Summary and Forecast Currently, the technical rebound after panic selling has not broken the short trend. The market remains fragile, and short-term oscillation correction may continue, but upward movement faces difficulty. There may be a second test downward or even a breakdown to shake out traders.
Expected Trend Short-term rebound → Resistance around 103,000 → Reversal attempt again. If it falls below 98,888, look toward 95,500-96,500 zone.
ETH Trend
Trend Direction: Clear downtrend, continuous long bearish lines releasing panic, lows constantly moving lower
Moving Average Structure: Candlesticks far below EMA30, downward pressure → Typical short position control
Current Pattern: Sharp decline followed by a small bullish line, a technical rebound after waterfall decline
Trend Rhythm: Broke previous low of 3,055 and pulled up, but no continuous upward attack. Weak rebound belongs to a weak correction within a short-term downtrend
MACD DIF/DEA clearly downward, widening green bars then shrinking, indicating weakening short position strength. Short-term has some repair momentum but no trend reversal
RSI Short-term extremely oversold near 20 → rebound to 30+ still in weak zone (30-40), emotional correction, not a sign of strength
Volume Declined during rebound after volume increase during decline, indicating buyers are not actively taking over; the balance still favors short positions
Short-term Support 3,055, previous low, a break below suggests continuation
Strong Support 2,950 - 3,000, next zone for absorption
Rebound Resistance 1 3,400, first resistance during rebound
Rebound Resistance 2 3,600 - 3,650, structural resistance & near EMA30
Summary and Forecast Currently, the trend is a short trend + technical rebound after extreme decline, which has not changed. The rebound is weak, and short-term correction may continue, but there is a high probability of further pullback after rebound.
Expected Trend Rebound → Resistance around 3,340-3,400 → Return to test 3,055. If it breaks 3,055 → look toward 2,950-3,000 zone.
Major Trend Clear short trend
Short-term Weak correction
Mid-term Still bearish, no trend reversal
Trading Preference Prefer short positions on rebounds, do not chase rising prices