#特朗普撤销农业产品关税 The weekend market continues to look bearish📉

Bitcoin is now hovering around the 85,000 level. As mentioned yesterday, "If it breaks below the EMA250, it will continue to probe lower," and the market gave a clear answer with a single-day plunge of over 9%, dropping to around 80,600 before catching its breath. It rebounded to the 1-hour EMA30 but quickly lost momentum and is now stuck in the middle of the channel.

The technicals are straightforward: both KDJ and RSI have turned down from high levels, indicating heavy short-term pressure. The next phase is likely to be a choppy, grinding market.

For those who bottom-fished, it's advisable to lock in some profits for now. You can always buy back in after a pullback. The area around 82,000 below is a key support; if it holds, you can consider light long positions. Only a breakout with volume above the upper channel would be a real opportunity to add more.

The 4-hour chart does show some signs of a rebound: KDJ and RSI are moving upward together below 40, and although MACD is still below the zero line, momentum is shrinking, and DIF and DEA are getting closer to each other. There is room for a technical rebound. But don't forget, the overall bearish trend hasn't changed.

For those wanting to short, keep a close eye on the EMA15 level and watch whether DIF and DEA can successfully converge for the first time. That said, chasing shorts after a big drop carries significant risk; the safer play is to wait for a pullback to lower levels and then try light long positions.

BTC trading suggestion: Consider short positions around 86,800, target 82,000, and if that breaks, look to 80,000.

ETH trading suggestion: Consider short positions around 2,840, target 2,400, and if that breaks, look to 2,100.

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