The rebound continues to break the upper highs, can the short-term bears still catch it?

First, let's talk about Old Powell's speech last night; the certainty of not cutting interest rates in the short term is low. In summary, Old Deng is continuously messing with tariffs. First, let's discuss the current situation: the market has come back from the 99600 line and is oscillating upward after a V-shaped recovery. For retail investors, both long and short positions are difficult to enter. Structurally, it is basically a choppy market, first accumulating positions, then washing them out. First, stabilize trading and do not blindly chase highs or panic sell.

Currently, the contract market is pulling up, not the spot market selling off. The divergence between contract and spot cannot peak; is the dealer really luring in shorts? The previous market trends have also given us signals. In the short term, the rebound touching 108000/11000 is aimed at the short liquidity. Looking at the market, there are too many short positions below 108000; if we don’t wash out a round of retail funds, where will they come from? The short positions around 105000 can be cleared before tonight's US stocks open if possible; if not, consider setting a stop loss and don’t have too many illusions unless your capital chain and position are strong enough to pull.

During the day, the RSI is in the overbought zone; the market will still show high-level oscillation. The K-line pattern shows three red soldiers giving the market rebound room. The short to medium-term EMA is forming a bullish arrangement, with prices running above the EMA, enhancing the rebound strength. The overall trend is gently upward, with the idea mainly focusing on pulling back to go long. As for shorts, consider entering at the resistance point of the upper breakout; the same applies to Ethereum.

Bitcoin is trading around 105500-105800 long, with attention to 107500/108800 above. If the two lines break and stabilize, we can look at around 109500.

Ethereum can be ambushed around 2400, 🎯 2480/2550/2650, depending on personal actual position to determine the defense level.

Focus on the 90s trading system, do not make ambiguous analysis strategies. The dual contest of technology and news, the real game of profit and risk, the market is filled with performance-oriented players. Today’s long position screenshot, tomorrow’s short position summary, it looks like "always catching tops and bottoms," but in reality, it’s all hindsight. Trading logic must be consistent. Join the live stream at 9:30 PM, see $BTC $ETH .