From the 4-hour chart, this rebound is already showing signs of exhaustion. When the price surged to the key resistance zone at 1.066-1.080, it was pushed back, and the lack of upward momentum is obvious. Now the short-term support is being tested, and the main downward wave could resume at any time.

The 1-hour timeframe I’m watching has already given a clear signal: after pulling back from the 4-hour resistance, the RSI was knocked down directly from the 50 level, indicating that bullish momentum is fading. More importantly, the short-term EMA has most likely been lost—this means that even on smaller timeframes, the trend has turned bearish, which is fully aligned with the trend on the higher timeframes. This kind of multi-timeframe bearish structure is actually an ideal trend-following trading opportunity.

The current short logic is very clear: sell rebounds at key resistance levels and follow the main trend.

Specific trade reference #比特币对比代币化黄金 short (
Entry: around 1.0409
First target: 0.9900
Second target: 0.9400
Third target: 0.8850
Stop loss: 1.0900

Related asset: )$ASTER $SENT