Thursday, the 2.5th, morning BTC / ETH analysis

From the four-hour timeframe, the market attempted to test the midline with two consecutive bullish candles but failed to stabilize. It then formed a five-session decline, retracing downward, with clearly insufficient rebound strength. Currently, the Bollinger Bands are continuously expanding downward, indicating that the bearish trend is still releasing momentum; although there are technical rebounds after each dip, the overall structure remains weak, and rebounds are more about correction than reversal.
At the same time, the KDJ indicator has formed a death cross and is diverging downward. The momentum indicator and price movement are resonating, so short-term bears still dominate. Trading should continue to focus on shorting on rebounds, and avoid blindly chasing long positions.
Trading suggestions:
Bitcoin: Enter short positions in the 73,500–74,500 range, target 70,500
Ethereum: Enter short positions in the 2,150–2,190 range, target 2,010