As mentioned in the morning, the currency price may see a pullback in the short term. Currently, our actual trading has also performed very well, directly capturing more than a thousand points of space. On the Ethereum side, a long and a short have also captured nearly two hundred points. This market is still quite easy to navigate.

Currently, it appears that both Bitcoin and Ethereum have not yet reached their bottoms. The rebound after a sharp price drop should be seen more as a technical correction of the market, rather than a signal of trend reversal. Looking back at this round of pullback, the overall trend has not deviated from the previous oscillating downward structure. The currency price has neither shown a continuation of the trend after a significant volume break nor formed the necessary capital consensus for a 'V-shaped reversal.' On the contrary, this looks more like a deliberate 'cleaning' by the main funds—creating panic through a sharp drop, triggering sell orders, and then using the rebound to attract following funds, thus achieving a swap of chips. #BTC #ETH

Therefore, the core focus for today is very clear: closely observe the strength of the rebound. For example—whether it can break through the previous minor resistance level with increased volume during the rebound, whether it can stabilize above key moving averages, and whether there are obvious selling pressure signs after rebounding to the resistance area. Only by clarifying the essential situation of this rebound can we further judge whether the market will continue to consolidate or will test support downward again.

In terms of operations, we can still focus on low leverage long positions.