From the current market data, after two consecutive bullish candles on the four-hour chart, the long positions' rebound momentum is hindered by the middle band of the Bollinger Bands. Clearly, if this middle band position cannot be broken, the difficulty of a market reversal will be significant.



Looking again at the hourly level, after the Rebound ends, two consecutive bearish candles appear, the KDJ indicator forms a death cross at a high position, and the RSI indicator also shows a downward turning trend. The bearish strength is increasing. Therefore, subsequent operations are still recommended to focus on short positions.

Specific to the varieties:

The big coin has rebounded to the range of 116800 - 117300, laying out short positions, with the target looking towards 115500 - 114800.

Short Ethereum near the 4350 - 4400 range, targeting the 4250 - 4180 area.
LINK-5.98%
XRP-5.89%
SOL-2.26%
BTC-2.54%
ETH-4.03%
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