In life, we always think about taking shortcuts, and trading is no different—we are always hoping to catch the bottom and turn things around in one move. But often, slow is fast. If you cannot understand the market, take a break. Charging ahead despite your doubts will often only result in a harder fall. The market once again offered 2,000 points of room for a pullback from the evening into the early hours, and this kind of market action has been completely normal recently. After rebounding, it faced resistance and continued to fall back, then bottomed out and rebounded. This trend structure remains very clear, including all of yesterday’s ideas and guidance, which were laid out in clear terms. The market has now fallen back to around 76,500 and begun consolidating sideways again. In terms of our positioning, Bitcoin and Ethereum captured more than 900 points and over 40 points of room, respectively. From a technical perspective, Bitcoin remains relatively weak on the daily chart, forming a clear pattern of resistance followed by a decline. The consecutive bearish candles have become firmly established, and the continued downside has given us considerable room to operate, with a high probability that it still has the momentum to break lower. On the 4-hour chart, the decline continues to unfold, and the market is currently in a clear one-sided bearish trend. All rebounds are weak repairs during the decline, with no reversal signal. The current price action is entirely near the lower band, reflecting the continued release of bearish pressure. Brief intraday rebounds lack the strength to continue, with new lows constantly being set for the current phase. Therefore, for the morning session, we can continue to favor selling into rebounds. For Bitcoin, look for shorts around 77,000, first watching whether it can break below 76,000 with a solid candle; if it breaks through, continue targeting around 75,000. For Ethereum, look for shorts around 2,470–2,450, with an expected target around 2,400. #Gate主流CEXTop4 #美国8月PPI录得5.4%高于预期 #苹果发布会

The trade setup given before bed early yesterday paid out by morning! Although it nearly hit the take-profit level, let’s take profit manually! $ETH #GateUS与RQDClearing达成战略合作

Last night, bearish sentiment continued, with another dip to around 76400. Yesterday, two perfect shorts harvested 3000➕70 points. Minglou this morning: Short around 76800-77300, targeting around 76000-75000 Minglou this morning: Short around 2460-2480, targeting around 2410-2380 $BTC $ETH