5.7 Evening

Thought Process Analysis:
Bitcoin's sideways rally after a surge has continued to face downward pressure, currently falling back to around the 80,000 level, with a clear short-term weak structure. The intraday rebound failed to produce an effective breakout, instead releasing strong selling pressure at high levels, indicating that the bulls lack the momentum to chase the rally, and the bears are gradually gaining control. Although there is a brief contest around the 80,000 level, if the evening rebound cannot stabilize above 80,500, this decline is unlikely to be a simple retracement and may further open up space below. Overall, tonight's strategy remains to sell high on rebounds, focusing on accelerated declines after a break below key levels. Currently, BTC is about 79,960, ETH about 2,296.

Trading Suggestions:
Bitcoin: Short near 80,200-80,500 on the rebound, target 79,000, 78,000.
Altcoin: Short near 2,310-2,330 on the rebound, target 2,260, 2,220. #BTC回调 $BTC $ETH