Recently, the gold market has been particularly strong, as investors are seeking safe-haven assets. Generally, in a risk-averse market environment, gold, the US dollar, and US Treasury bonds tend to rise. However, the main risk this time is occurring in the United States, so the dollar and US Treasury bonds are no longer safe havens. This means that the available options for hedging have decreased, which is the underlying logic for the continuous rise of gold. For the cryptocurrency market, there will also be some stimulating effects, but it is not the first choice for external funds. Recently, we can see that overall ETF inflows have not significantly increased; currently, it is more about a rebound from previous overselling and speculation on the Federal Reserve's increased expectations for rate cuts. In the medium to short term, the real catalyst for a market reversal will still be a de-escalation of trade and tariff issues. If these matters can stabilize temporarily, the cryptocurrency market may witness a genuine rise. Therefore, I still believe that any rebound in the short term presents a short-selling opportunity.

Technical Analysis:

From the candlestick pattern, BTC is still within a daily downtrend channel. The 4-hour resistance level at 85,200 has not been effectively broken, and this resistance level remains valid. I estimate that the oscillation range between 83,100 and 85,200 is nearing its end, likely within this week.

Everyone should try to enter short positions around or above 85,200.

The price of SOL follows BTC. (Try to build positions above 135 and higher.)