#数字资产行情上升 $BTC $ETH Market Review and Short-Term Trading Ideas at 1 PM

Looking at recent market movements, Bitcoin is clearly dominated by the bears, which can be seen from the 4-hour chart. The price surged at high levels, then started to weaken. During rebounds, it always gets blocked near previous highs, making it difficult to push above the Bollinger middle band. This indicates that large funds are not actively re-entering the market. The bulls seem to be on the defensive, passive and lacking the momentum for an active push.

The most straightforward indicator is the direction of the Bollinger Bands—oscillating repeatedly between the middle and lower bands, with the entire channel still sloping downward, confirming a weak market trend. These fluctuations are more like corrections during a downtrend rather than signs of reversal. Although occasional lower shadows appear on the candlesticks, the strength of the rebounds is weak, with obvious volume contraction, indicating low participation in the market. It’s mostly emotional buy-ins at low levels, not new funds entering.

Looking at the 1-hour timeframe, recent lows have not been broken with acceleration. During rebounds, the candlestick bodies are small, and volume has shrunk significantly. MACD has been below the zero line for a long time, showing some signs of bullish divergence, but this is just weakening bearish momentum, not a sign of a bullish trend starting. RSI is also weakly oscillating in the low zone, representing a fragile balance under bearish pressure—unable to rise but not collapsing either.

Overall, the advantage still lies with the bears. Without strong reversal signals in the short term, the probability of continued consolidation at low levels or testing support levels is higher. Trading should remain cautious: avoid chasing rebounds without volume confirmation and key resistance breakthroughs, and pay close attention to risk management and exit opportunities at high levels.