Good morning, the overall trend on Tuesday remains bearish. After fluctuating to a peak of 95426 in the early hours, it faced downward pressure. We entered a short position on Bitcoin futures earlier, gaining 1600 points from this movement. The market is still manageable; if you can't find direction and remain stagnant in this circle, there are not many changes ahead. Why not consider making a change sooner? Perhaps one choice can alter your current situation.

From the current market perspective, it closed the morning with a small bearish candlestick, with a longer upper shadow indicating significant pressure above. Overall, the candlestick pattern shows alternating bullish and bearish characteristics. The market experienced a brief rebound in the early hours but quickly continued to decline, with bearish forces beginning to assert themselves; switching to the 4-hour chart, the Bollinger Bands are tending to be parallel, with a large bearish candlestick piercing the middle Bollinger Band. A breakdown of the middle band could likely lead to further downward probing, but it has not yet broken the previous low, fluctuating around 93800. In the short term, the market still has room to decline, and the bears are continually building momentum. We remain optimistic about the bearish trend and can look for a rebound in the morning before entering short positions.

In the morning, Bitcoin can be shorted in the range of 94000-94500, targeting around 92500; Ethereum can be shorted in the range of 1800-1830, targeting around 1730. #比特币 $BTC