Gu Jingci: 1.2 Bitcoin/Ethereum shows a clear long-short battle, focus on the daily high points

Bitcoin and Ethereum have shown some rebound momentum intraday, but overall remain in a range-bound pattern. Market sentiment has improved but remains cautious. Technical indicators on the 4-hour chart show a double top formation, confirming a short-term top pattern. The daily chart has closed with long upper shadows for three consecutive days, indicating significant selling pressure around 90,000 and 3,080. Both the 4-hour and daily MACD have formed death crosses, and the price has lost the key EMA120 moving average. The 7-day and 30-day moving averages are also about to form a death cross, showing clear signs of weakening overall structure. Watch for short-term resistance at the daily high points around 3,080 and near 90,600.

Evening trading suggestions: Short Bitcoin near 89,500-90,000, target around 87,000-88,000; short Ethereum near 3,050-3,070, target around 2,930-2,980.

Daily analysis and strategy success rate are high, all can be seen. Analysis and strategies are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; please refer to real-time data!