#美SEC促进加密资产创新监管框架 Morning market observation:

The market is once again under pressure and pulling back, and the momentum from the previous rebound is clearly lacking. Looking at the 4-hour chart, the price faced resistance and fell back immediately after rebounding, forming a long upper shadow—typical sign of bulls losing steam. On the hourly chart, it's even clearer: the Bollinger Bands have already narrowed, the whole trend is being suppressed downward, and bearish strength is gradually building up.

From a technical perspective, there's a key signal: after a bearish divergence appeared on the MACD, a death cross has formed, and bearish momentum continues to be released. In the short term, this downward trend is basically established. Overall, the current downward pressure is quite apparent, so the recommended strategy is to follow the trend and go short.

Specific reference levels:
$BTC Consider short positions around 93500, targeting the 91500 range
$ETH Look for short opportunities near 3220, with a target around 3100

Special reminder: Always manage your risk and set stop-loss levels in advance for any trade. If the market suddenly reverses, you need an exit mechanism to protect your capital. The market changes rapidly—strict discipline is more important than predicting the direction.