The market again experienced a high breakout followed by a pullback. In the morning, it reached a peak of 94517 under pressure, then fell to a low of 92700. As strong support below did not provide a sustained extension, it rebounded again to around 94000, fluctuating in a narrow range. In the morning, I entered a long position on Bitcoin at 92775 and exited at 94100, making a profit of 1335 points. Ethereum also entered the market in sync, gaining 36 points. The market has consistently maintained its structural operation, and entering at the right points is not as difficult as you might think.

Currently, from the daily perspective, after a series of consecutive gains, the market is consolidating at high levels for correction. The bullish trend appears to be slowing down, transitioning into a slow pullback in a fluctuating pattern. On the 4-hour chart, the price has started to show a downward trend after breaking the upper band, pulling back to adjust at the middle band. The Bollinger Bands are also showing a horizontal formation, with limited space for upward continuation. On the hourly chart, after four consecutive bullish candles, the bulls are clearly facing resistance, with strong pressure from above. As the range narrows, we will look to short on price rebounds.

In the afternoon, Bitcoin can be shorted in the range of 94300-94800, targeting around 92000, while Ethereum can be shorted in the range of 1800-1830, targeting around 1700. #比特币 $BTC