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3.25 Midnight BTC/ETH Silk Road Thoughts
From a technical perspective, the four-hour chart still shows a weak trend. The rebound to the Bollinger Band midline gets pressed back down, with the band width narrowing, indicating the rebound lacks momentum. After a brief consolidation, the bears regain control, and the downtrend becomes increasingly clear.
The one-hour level is more intuitive—price keeps failing to break above the midline, and the midline keeps moving lower, a typical weak suppression structure. The current rebound is essentially a correction, not a reversal.
Summary in one sentence: The market hasn't changed, weakness persists, and rebounds offer shorting opportunities.
Operation: BTC 70500–71000 range for shorting, target 68000. ETH 2160–2180 range for shorting, target 2020. $BTC $ETH #Gate正式接入Polymarket #BTC突破71000美元 #美股三大指数集体收涨