Reviewing the early morning market, overall it remains in a consolidation phase. After Bitcoin briefly broke below the 80k level in the early hours, it quickly rebounded to around 79,500 to halt the decline. Although it recovered above 80k during the session, there was no strong momentum, and the overall trend still shows sideways movement. Ethereum's price action is similar to Bitcoin's, with a rebound to around 2,300, facing resistance and pulling back. It did not break below the key support at 2,280. During the daytime, the general trading strategy is to maintain a high-level short position approach, waiting for a breakout signal before considering further continuation.

Currently, the four-hour chart still shows a bottom-side oscillation, with previous resistance turning into support at a critical point. If 79,500 shows signs of forming a bottom, there is a possibility of further recovery and bullish continuation. The large bearish candle on the daily chart indicates increased selling volume, so caution is advised regarding further bearish volume expansion and downward movement. Structurally, the outlook remains bearish, with further declines expected toward around 78,000, which is near the middle band of the daily chart, where long positions could be considered again.
Bitcoin can be shorted between 80,000 and 80,500, with a target of 79,500 for a breakdown and continuation toward 78,000. Ethereum can be shorted around 2,300, with a target of 2,280 to 2,250. #BTC回调 $BTC ‌$ETH
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