Yifan on the Market: Bitcoin and Ethereum Short-term Volatility Slightly Bearish, Technical Rebound Suitable for Light Position Trading

Good weekend, friends in the crypto circle! After continuous decline on the daily chart, Bitcoin's recent K-line narrowing shows signs of stabilization, but the bearish trend has not fundamentally reversed. On the hourly chart, the price fluctuates around 90500, with bullish and bearish forces temporarily in balance.

From a technical perspective, the MACD indicator signals a short-term rebound, but the persistent bearish arrangement still highlights resistance above. This means that the short-term rebound is mainly a technical correction, and the medium to long-term market remains biased towards the downside. In terms of operation, you can lightly position yourself to seize the rebound after the 90500 support level, with stop-loss set below the oscillation range to control risk; when the rebound faces resistance, you can consider short positions, but do not blindly bottom-fish.

Regarding specific operational suggestions, Bitcoin can be shorted in the 90800-91500 range, targeting 89800-88500; Ethereum (ETH) can be shorted in the 3100-3130 range, with targets at 3070-3040.