$BTC Fluctuation is the norm, mindset is the trump card, don't panic during pullbacks, and gather strength for a more stable rise. In the early morning, Bitcoin continued its downward trend from last night, fluctuating and falling back from the high area of 103700, stabilizing only after dipping to the line of 102500, followed by a slight rebound for correction. Ethereum also moved in sync with Bitcoin's trend, starting its decline from a high of 3500, and similarly halted its drop after reaching a low of 3405, welcoming a brief rebound.

From the current market situation, we can first see a large bearish candlestick crashing down, and although there has been a slight rebound afterward, the strength of this rebound is obviously insufficient. This trend directly reflects that the short-term market dominance has shifted to the bears. The current price has already fallen below the mid-track support level, and the slope of the mid-track has changed from an upward climb to a flat line, indicating that the market state has switched from the previous strong upward trend to a phase of fluctuation and pullback. Looking at the MACD indicator, the DIF line has crossed below the DEA line forming a dead cross, and the MACD value has also fallen from the positive territory to the negative territory—this is a typical signal of a short-term pullback, indicating that the previous bullish momentum has significantly weakened and marking the beginning of the bears taking control of the short-term trend. The strategy for Wednesday morning can continue to focus on shorting during rebounds.

Short Bitcoin near 103500, target 102000

Short Ethereum near 3450, target 3380