After the rebound in the morning, Bitcoin reached the line of 85,000, but the market still showed a certain degree of fluctuation and decline. After a short-term battle between bulls and bears at noon, the market fell below 84,000, with a minimum retracement to around 83,900 encountering some resistance. Currently, the coin price has rebounded and corrected to the line of 84,200. Ethereum has been in a weak structure since the morning rebound, experiencing a retracement state, with the minimum retracement currently at around 1850. Various types of our live trading setups for Bitcoin included entering short positions near 85,000 in the morning and taking profits after the market retraced to around 84,000, yielding over 1,000 points of space, while Ethereum's simultaneous large screen layout captured 40 points of space. Grasping the trend and acting accordingly is an unchanging principle.

From the current technical perspective, the daily chart has once again shown a reversal into a downward trend, breaking below the mid-track K-line operation range and returning to below the mid-track, indicating the bulls are in a weak structure. The 4-hour chart has turned into two consecutive downward candles. Although the current price range is still between the middle and upper tracks, this retracement suggests that the bulls are weakening during the day, and the indicators showing divergence and dead crosses also indicate that the market is likely to decline further. The short-term bearish target can initially be seen as near the mid-track, around the line of 83,200. The gains and losses around the mid-track should be considered for future bullish and bearish directions. Currently, the structure is in a weak downward trend, so we maintain a high short mindset and continue to act in accordance with the trend.

Bitcoin can short at 84,700-85,000, looking at around 82,500. Ethereum can short at 1,870-1,890, looking at around 1,800. #BTC