April 7th Evening Analysis of the Second Token

Main Direction: The bearish trend remains unchanged, oversold weak rebound, shorting on rebounds, light long positions for speculative play
✅ Shorting (Main Strategy, Core)
Entry: 2090–2110 in batches (1-hour Bollinger Band middle line resistance + intraday rebound pressure zone)
Target: 2050–2020 (previous low support + round number level), break below to test 2000
Stop Loss: 2130 (breakthrough of previous high, bearish structure completely invalidated, strict stop loss)
✅ Light Long (Secondary, very small positions, only to prevent pinning)
Entry: 2030–2050 stabilize and add on dips (strong support zone, only for oversold rebound)
Target: 2080–2100 (quick in and out, no holding for long)
Stop Loss: 2000 (break below key support, abandon long positions)

Technical Logic
1. 15-minute timeframe: Price rebounded weakly from a low of 2058, currently above the lower Bollinger Band (2057), RSI1=38.32 recovering from oversold, but MACD still shows a death cross, red bars not significantly shrinking, rebound lacks volume, indicating oversold correction, no reversal signal.
2. 1-hour timeframe: Price remains below the middle Bollinger Band (2106), supported by the lower band (2067), MACD remains in a death cross and continues downward, red bars not significantly shortened, short-term bearish trend unchanged, rebound is only a weak correction.
3. 4-hour timeframe: Price broke below the middle Bollinger Band (2089), MACD death cross with expanding red bars, RSI1=31.26 in weak zone, mid-term rebound structure is completely broken, with only the 2000 round number as core support below.

Macro Rhythm
• Uncertainty in Middle East situation combined with CPI release on April 10th, risk aversion sentiment heats up, capital flows out of the crypto market, Bitcoin weakens, leading to a deep correction in the second token, current rebound is only an oversold correction.
• Evening linkage with US stock market opening, if US stocks weaken, the second token will test support at 2050–2020 again, and if broken, will directly test the 2000 level.
• 2130 is the short-term dividing line between bulls and bears; before holding above it, all longs are only oversold rebounds, and overnight holding is not recommended.