Interpretation of the current trends of #美SEC推动加密创新监管 BTC and ETH

From the four-hour cycle, although the market shows signs of recovery after a rapid pullback, the strength of the rebound is clearly insufficient, and the bearish forces still dominate. In terms of technical patterns, the significant decline that occurred earlier has not been substantively repaired, and during the rebound process, only a series of small bullish candles appeared, indicating weak buying support.

Trading Strategy: Short Position on Rallies

BTC operation plan:
A rebound to the 88000–89000 range can be considered for short selling.
The target is set at 86000, and further downward movement can be observed down to 84500.

ETH Operation Reference:
A rebound to the 2860–2900 area may be an opportunity to try a short position.
Target level 2820, secondary target 2750

Initial support for BTC is focused on the 85000 level, while resistance is primarily watched at the 89000–90000 range. It should be noted that if BTC effectively breaks through 89000 and holds above it, it may indicate a strengthening of the short-term trend. In that case, one should consider adjusting their position strategy and wait for new stability signals before making decisions.