The afternoon trend and predictions align perfectly. We have continuously emphasized the strategy of short positions at high levels since the morning session. In the afternoon, the bulls increased their volume, and the price rebounded to around 107700 before starting to decline, validating our precise judgment. By positioning short at high levels, we successfully captured a space of 1200 points. The market is indeed so manageable; have you kept up with my thoughts?

From the observation of the technical patterns on the intraday chart, although the pullback trend in the early morning triggered a technical rebound, it has been verified from multiple dimensions that this rebound may be a corrective structure within a downward trend. The chart shows that although the bulls attempted to exert strength, the rebound momentum has been continuously weakening, and the slope of the price increase has significantly slowed down. This phenomenon of divergence between volume and price indirectly confirms that the bears are stirring beneath the surface, gradually building a new round of downward momentum. On the hourly level, the upper Bollinger Band forms a strong resistance zone, and the price has quickly retraced after multiple touches, forming a densely packed top pressure pattern. Three consecutive attempts to rise were blocked at key resistance levels; in the four-hour candlestick cycle, the price consistently operates above the lower Bollinger Band and is currently testing the pressure of the middle Bollinger Band. The moving average system shows a bearish arrangement, with the 5-period moving average crossing below the 10-period moving average, continuously pressing down and forming layers of resistance. This suggests that the short-term rebound momentum has been exhausted, and the subsequent trend is likely to continue downward. The current seemingly sideways and volatile pattern is actually a key stage for the bears to gather strength. As the forces of bulls and bears gradually become imbalanced, the market structure is accelerating its switch to bear dominance.

Bitcoin can lay short positions in the range of 10106800-107300, targeting the key level of 106000; Ethereum is recommended to enter short positions in the range of 2580-2620, with a target looking at the important support level of 2500. $BTC $ETH