Bitcoin Auntie's Evening Analysis

$BTC Bitcoin, on the 4-hour chart, has broken below the middle band of the Bollinger Bands, the KDJ indicator has entered the downward zone, and the MACD red histogram continues to shrink, indicating that bullish momentum is significantly weakening. On the hourly chart, after a brief halt in the decline near the lower Bollinger Band, a weak rebound occurred, but the MACD indicator remains below the zero line, and the bearish structure has not yet fully reversed, with the rebound strength being relatively weak;

$ETH Auntie's movement is highly correlated with Bitcoin, also breaking below the middle Bollinger Band on the 4-hour chart, with the KDJ indicator forming a death cross downward, and the MACD is about to form a death cross as well. Although there is a rebound correction on the hourly chart, it still faces resistance below the middle Bollinger Band, overall showing a weak adjustment pattern following the market trend.

Currently, short-term bearish forces dominate the market. The rebound is mainly a technical correction. Going forward, focus on the support levels around 76,500 for Bitcoin and around 2,300 for Auntie. If these supports are broken, the correction space will further expand.