Afternoon Analysis

After two bullish candles tested the midline resistance on the four-hour chart, the market quickly reversed into five consecutive bearish candles, pulling back downward; the Bollinger Bands continue to expand downward, indicating ongoing bearish momentum. Although each dip is accompanied by a brief rebound, the overall market remains weak. The KDJ indicator remains in a dead cross and diverging downward, further confirming that the short-term trend is dominated by bears.
Trading Recommendations
Short positions around 72,000-72,500 for Bitcoin, with targets near 70,500-70,000-69,000
Short positions around 2,140-2,170 for Ethereum, with targets near 1,970-2,000$BTC $ETH #小非农数据不及预期