Market Review | BTC and ETH Evening Trend Analysis and Trading Ideas

From the daily chart perspective, both Bitcoin and Ethereum's KDJ and MACD indicators have formed death crosses, pointing downward. The lower band of the Bollinger Bands is gradually opening, which is a typical signal of bearish control. Looking at the moving average system—three main moving averages are each sloping downward at different angles, forming a clear bearish suppression pattern. Overall, the current market rhythm is still dominated by the bears.

Switching to the 4-hour chart, bearish signals are even more concentrated. The synchronized downward movement of KDJ and MACD, combined with the bearish resonance of the Bollinger Bands, and the clear downward arrangement of the moving averages, all indicate a strong bearish trend. In this case, the intraday trading approach is quite clear—mainly shorting on rallies.

Specific reference points:

#美国就业数据表现强劲超出预期 : Consider short positions around 87500-88000, with the target below at 86000.

$BTC : The zone around 2860-2880 is suitable for shorting, with the target below at 2780.

The above is just a technical analysis approach; specific operations should also consider your own risk management. Market conditions change rapidly, so everyone should stay flexible and adjust accordingly.