Yesterday's rebound was impressive, but the technical details are worth reviewing again.



**What do the technicals say?**

On the daily chart, although the MACD is still above the zero line, indicating that the upward trend remains intact, the problem is that the red histogram is narrowing—momentum is clearly weakening. Bitcoin has been consolidating around the 95,500 level, and after reaching a high and turning back, the short-term top signal is quite clear. On the 4-hour chart, the situation is more straightforward: although the overall structure is still upward, the MACD has already formed a death cross and is heading down. The price has repeatedly pulled back after encountering resistance at previous highs, showing obvious downward pressure.

The situation with the altcoin is similar, with the same signs of correction appearing around the 3300 level.

**How to operate?**

Opportunities are within this range-bound consolidation. Bitcoin can be shorted in the 95,600-96,100 range, targeting the 94,500-93,500 zone. For the altcoin, short positions can be taken between 3310-3330, with a downward target of 3260-3230.

Key reminder: Be precise with entry points, set stop-loss orders properly, trade with a light position, and take profits when the market is favorable. The market always offers opportunities amid volatility, but risk management should always come first.
BTC-0,18%
ETH-0,15%
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RuntimeErrorvip
· 4h ago
The death cross downward is now clear. Take profits when you can, don't be greedy.
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MetaverseHermitvip
· 4h ago
The red bars have narrowed, yet it still dares to push upward. Who can't see this as a top signal?
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DeFiAlchemistvip
· 4h ago
*adjusts mystical instruments* the macd divergence here... it's like watching the philosopher's stone lose its transmutation potency. those narrowing histograms? classic yield exhaustion pattern, tbh.
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BlockchainFriesvip
· 4h ago
The red bars narrowing is a signal to stop, it's definitely going down.
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faded_wojak.ethvip
· 4h ago
The narrowing of the red柱 (red column) indeed requires caution; the death cross has already appeared. I'm a bit skeptical about whether it can drop to 94500; it seems the bulls are still holding on stubbornly. Entering with a light position based on this idea is correct; anyway, there's no way to make any profit from the current volatility. It's another key level, and what I fear most is this kind of operation, always just missing it by a little. If the 3300 level for the姨太 (mistress) can't be broken, it feels hopeless; better to stay on the sidelines.
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VitalikFanboy42vip
· 4h ago
The narrowing of the red柱 is a detail that is really easy to overlook, and many people are still chasing the high.
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