Night of Short Squeeze! Don't randomly buy the dip in the early morning!

The one-hour level downtrend has been fully confirmed, stop holding onto luck and catching falling knives!
Yesterday morning, Bitcoin started from the high of 81,581, showing a very clear stepwise decline pattern:
Every small rebound was directly broken through by a full-bodied bearish candle, with lows and highs continuously moving downward, forming a textbook-style downtrend structure.
The price broke through several key support levels such as 80,800, 80,600, 80,400, etc., and dipped as low as around 79,801, with the bulls almost unable to mount any effective resistance during the process.
From the one-hour chart in the evening, the overall trend in the early morning was slightly bearish, with short-term considerations favoring rebounds for shorting.
It is not recommended to chase long positions directly.
The current price hovers around 79,983, just one step away from the previous low of 79,801.
A technical rebound may occur in the short term, but the overall downtrend has not changed.
In terms of trend continuation, "going with the flow" during a decline is always the safest choice.
As long as the rebound does not break the previous high, each pullback provides an opportunity for bears.
Trading suggestions:
Short near 80,300-80,600 for Bitcoin, target around 78,800
Short near 2,285-2,300 for Ethereum, target around 2,220