Yifan's Market Analysis: Bitcoin and Ethereum Short-term Volatility Biased Downward, Technical Rebound Only Suitable for Light Position Trading

Good weekend, crypto friends! Bitcoin's daily chart shows signs of stopping its decline after continuous downtrend, with narrowing K-lines in recent days, but the bearish trend has not fundamentally reversed. On the hourly dimension, price is oscillating around 90500, with bulls and bears temporarily in a balanced state.

From technical structure analysis, the MACD indicator is releasing signals for a short-term rebound. However, the bearish arrangement pattern still highlights upper resistance, meaning the short-term rebound is more of a technical correction, while the mid-to-long term market remains biased bearish. Operationally, you can take light positions to capture rebound opportunities after the 90500 support level, with stop-loss set below the oscillation range to control risk; when rebounds encounter pressure at resistance levels, you can then arrange short positions, but remember not to blindly catch falling knives.

Specific operation suggestions: Bitcoin can arrange short positions in the 90800-91500 range, with targets looking down at 89800-88500; Ethereum (second coin) can enter short positions in the 3100-3130 range, with targets looking toward 3070-3040.