On Monday evening, BTC rebounded after dropping to a low of 110532, reaching a peak of 112897 at midnight; ETH first rebounded to a high of 4690, then fell back to a low of 4590. This morning's bearish outlook was accurate, with 3 of the 6 open trades for BTC yielding a profit of 3619 points and 3 trades for ETH yielding a profit of 289 points.

From the market perspective, BTC's four-hour level shows a rebound, but the bullish candlestick is small, and there are obvious upper shadows, indicating ongoing selling pressure and that it has not exited the downward channel; the one-hour level rebound may be a buildup for a second bearish dive, with a positive outlook for a continuation of the bearish trend after the rebound at midnight.

Tuesday evening outlook: Short BTC around 113000, targeting 111000; Short ETH around 4630, targeting 4500. $BTC $ETH