【Price Trend Analysis】

1. Candlestick Patterns:

- The 4-hour chart shows a continuous decline in price, with the latest candlestick closing at 1996.57, breaking below the previous candlestick's low of 2016.50 and approaching this candlestick's low of 1989.64, indicating strong selling pressure.
- On the daily chart, the price has been closing lower consecutively with large bodies, indicating a clear bearish trend and pessimistic market sentiment.

2. Technical Indicators:

- The MACD indicator's DIF and DEA are both below the zero line, with DIF crossing below DEA, and the MACD histogram is negative, showing a strong bearish trend.
- The RSI is currently at 35.86, in the weak zone, approaching the oversold area (30), but not yet there, suggesting room for further decline.
- The EMA moving averages are arranged in a bearish order (EMA7 < EMA30 < EMA120), all sloping downward, and the price is well below all moving averages, confirming a clear downward trend.

3. Volume:

- On the 4-hour chart, recent declines have been accompanied by increased volume, while the rebound volume is insufficient, confirming the validity of the downtrend.
- On the daily chart, a recent large bearish candle with massive volume indicates strong selling pressure and heavy market liquidation. $BTC $ETH