Second Place 4-Hour Trend: Weak Oscillation Pattern Dominated by a Bearish Trend!

From the 4-hour chart, after the price reached a high of 2167.20 on March 31, it began a rapid decline. Currently, it is oscillating weakly around 2050.54, with a medium-term bearish trend dominating and short-term consolidation at low levels.
In terms of trend direction, the rebound started from 1936.54. After falling more than 5% from the high point, the price has failed to effectively recover the key resistance level at 2080, indicating weak bullish reversal willingness. If the price cannot stay above the 30-period EMA (2064.14), it is likely to continue downward. The first support level is at the 2000 mark. If this level is broken, further decline targets could be around 1950. If the price can break through the 2080 resistance, a short-term rebound to the 2100-2120 range is possible, but overall, it remains constrained by the bearish trend, and the rebound space is expected to be limited.
On the technical indicators side, the EMA lines are in a typical bearish arrangement, with the 30-period EMA continuously suppressing the price, reflecting a medium-term bearish trend. The MACD indicator is below the zero line, with the DEA and DIF forming a death cross. Although the green bars have narrowed, there is no sign of a bullish crossover, indicating that downward momentum has slowed but a strong bullish push has not yet formed. In terms of volume, the volume significantly increased during the decline, while during the rebound, volume continued to shrink, confirming that market buying power is insufficient and selling pressure has not been fully released.
Overall, the 4-hour bearish pattern has not fundamentally changed. The short-term oscillation is a technical correction after a decline. It is recommended to mainly short on rallies, be cautious about chasing gains, and strictly control position risks. $BTC $ETH $SOL