Reviewing the intraday market, the overall trend in the morning was a phased rebound and surge, representing a short-term bottoming rebound. In the afternoon, the bullish momentum continued to push up to around 77,800 before facing resistance and pulling back. After failing to break through in the evening, the market still faced downward pressure, and currently, it has once again broken below the 76,000 level, with the bearish weakness unchanged. Ethereum and Bitcoin's price movements are basically the same; after hitting a high of around 2,340 for the second time, they faced resistance and declined. Currently, they are again fluctuating around 2,270. The morning rebound was shared in our live broadcast and strategy implementation, but the overall trend remains bearish. The approach today is to maintain a primarily short position, with a phased short-term rebound strategy. Bitcoin entered short positions in the morning, and after adding to the position, it gained 800 points for the day and took profits. The phased rebound was also used to set up long positions, gaining 600 points. Overall, today’s total gains reached 1,400 points, and Ethereum’s total profit was 70 points. Although the short positions held for a day, the profit from adding to positions was still relatively substantial. Both long and short positions were managed within the day, with pullbacks also shared with everyone. Not sure how many friends followed this rhythm?

Looking at the current market, the daily chart shows a series of downward adjustments with long shadows, indicating a short-term rebound attempt that failed to reach new highs. Bears are still dominant, and the overall trend remains under pressure to decline. The key level to watch is the 120-day moving average. Today, focus on whether the market can close below this level, which would further trigger increased bearish volume and a deeper pullback. Combining the four-hour chart, the intraday rebound tested resistance of the previous upward channel. The bullish volume was not sustained, and bears remain dominant. The phased rebound has not changed the overall bearish trend. The MACD fast and slow lines have not formed a golden cross, indicating potential for further weak volume expansion. Continue to maintain a bearish outlook. Support levels to watch are around 75,500 for a substantial break. Also, pay attention to how the Federal Reserve’s interest rate decision releases signals tonight.

Bitcoin’s key support is at 75,500. After a substantial break below this level, focus on the support at 74,000. For more aggressive traders, consider entering light short positions around 76,000. For Ethereum, watch for a break below 2,250, and continue to monitor support at 2,200. Short positions can be directly placed around 2,280. #加密市场小幅下跌 $BTC $ETH