1.22BTC Multi-Period Breakdown

Weekly Level

The MACD bearish momentum bars have shown a decrease in volume, but the KDJ and EMA indicators have begun to turn downwards in sync, warranting increased vigilance. If this week's candlestick ultimately closes bearish, the weekly level is likely to initiate a second bottoming process downwards, necessitating continuous attention to the evolution of fundamental conditions.

Daily Level

The bearish trend dominates, with recent candlesticks primarily forming solid bearish patterns, and prices have consecutively broken through multiple short-term moving average supports. Although there was a slight rebound this morning, it has not effectively broken through the 5-day moving average resistance, and the rebound momentum is weak, indicating a clear lack of strength in the bullish counterattack.

4-Hour Level

Candlesticks have continuously closed bearish with lower lows, and although there are slight signs of a rebound in the current market, the MACD indicator remains below the zero axis, and the DIF and DEA lines are diverging downwards, indicating that bearish momentum continues to dominate the market. For short-term trading today, it is recommended to focus on positioning short positions after rebounds at high levels.