Is it accurate or not, you tell me! Bitcoin surged high then retraced, Bitcoin cannot hold steady at 80,500; this level is a drop, it's an unchangeable fact. The overnight movement has been oscillating, and until now, the market touched a low of around 79,700, overall moving within a 1,000-point range. The short-term short position we entered at midnight has already been successfully closed for profit, and the swing short is still holding profit. The clear market rhythm gives us more confidence in our arrangements. This tug-of-war market tests people's hearts; it’s a gamble on your mindset of chasing rallies and selling dips. Rationally view the market, find the right entry points, understand the structure—that’s what you should focus on now!

From the daily chart perspective, after the price touched the upper Bollinger Band, it faced resistance and pulled back, establishing a key resistance zone. The market still has room to move lower. Currently, the Bollinger Bands are generally flattening and converging, but the pattern awaits a large bearish candle to break the oscillation structure. Combined with wave pattern analysis, a downward break is highly probable in the future. Switching to the four-hour cycle, after the price peaked at a high level, it started to retrace, with the upper Bollinger Band acting as resistance, continuing to weaken. The downward trend has just begun, and the bearish momentum still has room to extend. For intraday trading, focus on shorting on high points.

Tuesday morning Bitcoin: Short around 80,500, target 78,000
Tuesday morning Ethereum: Short around 2,360, target 2,300
$BTC #美国寻求战略比特币储备