Looking back at the precise verification of the bearish outlook given at midnight yesterday, the market trend closely matched expectations. After a brief test of the resistance level at the top, the market quickly began to retreat and adjust. Bitcoin surged to a peak of 104162 in the early morning, with a low retreating to around 102500; Ethereum also rose to around 2603, with a low coming down to around 2510. Currently, the price is maintaining a震荡整理 pattern near 103600. The short positions we laid out successfully captured nearly two thousand points of movement. With such favorable trading conditions, what are you still hesitating about?

From the current market observation, the daily level is continuing the bearish trend from yesterday, with two consecutive bearish candles. The overall structure is still in a high-level game stage, with intense competition between bulls and bears. The strong downward pressure from the bears today makes it difficult for any short-term rebound to sustain. The long upper and lower shadows on the candlestick indicate a market shift from a strong rebound to a震荡 pattern, while also reaffirming the resistance range above. At the 4-hour level, the price quickly retreated after touching the upper track, forming a two consecutive bearish candle pattern. The candlestick bodies are full and have broken through the middle track support. This wave of rise and fall has shifted the market from a bullish dominance to a weak震荡 trend. Although the process is repetitive, it is currently in the rebound phase of a bearish downtrend, with short-term fluctuations likely to be frequent. In terms of direction, we will maintain the bearish outlook for now, and after the price stabilizes on a retreat, we will look for opportunities to set up short positions. Therefore, under the current structure, every rebound is an ideal short-selling opportunity.

Bitcoin can be shorted in the range of 103800-104200, targeting around 102000; Ethereum can be shorted in the range of 2530-2560, targeting around 2440. #比特币 $BTC