Right now, any news in the market can lead to significant fluctuations in coin prices. The day before yesterday, a message from Trump caused Bitcoin to rebound sharply. Yesterday, as the US stock market declined, Bitcoin followed with a pullback. Recently, coin prices have been greatly influenced by market sentiment, which is why it has been emphasized that the recent rise is merely a rebound, not a reversal. This is because the conditions for a reversal have not yet been met. Although yesterday's CPI data was relatively good, its impact on the crypto market was not as significant as expected, resulting in a quick rebound followed by a pullback.

Currently, the daily downward trend of Bitcoin has not been broken. Although a W-shaped pattern has formed on the 4-hour chart, the news has driven the coin price to rebound, reducing the likelihood of hitting new lows in the short term. The fundamentals have eased to some extent, but the influence of news is insufficient to sustain upward momentum. In the short term, there is still significant pressure, so it is advised to primarily maintain short positions!

For Bitcoin, the resistance levels to watch are 83500-84000-84700-85500, and the support levels are 80000-79000-77000-74500. The rebound in Bitcoin is caused by the suspension of tariffs. Luo Tian suggests not to chase after the highs but to focus mainly on the lows with some assistance from the highs. Everyone should be cautious when chasing after highs.

Bitcoin rebound: Short at around 81000-82000, target near the 79000 line. If it breaks, reduce positions and reassess.

Ethereum rebound: Short at around 1560-1580, target near the 1500 line. If it breaks, reduce positions and reassess.