Bear markets only short, when it rises, it's just an opportunity for you to short; short positions cannot be trapped. I already clearly indicated yesterday that Bitcoin effectively broke below the neckline, and the rebound near the neckline is a bold shorting opportunity. Here's a simple analysis of today's market.

BTC Market Analysis

$BTC ‌

Core view: 77889 encounters resistance, forming an isolated high + a variation of a bearish engulfing pattern triggering a pullback; support at 74919 is temporarily effective, key point is whether 76262 breaks through.

Trading strategy: Pursue longs on volume breakout above 76262; short on volume breakdown below 75643 with a rebound failure, strictly set stop-loss.

Hourly level: Hold above 76262 to see 77310-78269; 4-hour level: Break below 75471 to see 73701-72030.

Resistance: 76262-77310-78269

Support: 75615-74792-73725

$ETH ‌

Trading strategy: Pursue longs on volume breakout above 2271; short on volume breakdown below 2235, both with stop-loss.

A bounce off 2177 support is valid for longs; break below 2144 to stop out.

Warm reminder: Market volatility is intense; all operations should strictly control position sizes and adhere to stop-losses. The above is only technical analysis and does not constitute investment advice. #btc