Reviewing the early morning market, it is still in a consolidation phase. After Bitcoin broke below the 80k level early this morning, it quickly retraced to around 79,500 to halt the decline. Although it recovered above 80k during the session, there was no strong momentum, and overall it remains in a range-bound state. Ethereum's movement is basically consistent with Bitcoin; after a rebound to around 2,300, it faced resistance and pulled back, and the downward test did not break the key support at 2,280.

For the white trading session, the overall strategy is still to maintain a high-level short position approach, waiting for a breakout signal before considering further continuation.
The four-hour chart still shows a consolidation at the bottom, with the previous resistance turning into a key point for top-bottom transition. If 79,500 shows signs of building a bottom, there is a possibility of further recovery and bullish continuation. The large bearish candle on the daily chart indicates a bearish volume increase, so caution is needed for further bearish volume expansion and downward movement. Structurally, the approach remains to hold short positions, and if the price drops further, watch for a move around 78,000, which is near the middle band of the daily chart, to attempt long positions again.
Bitcoin can be shorted in the 80,000-80,500 range, with a continuation to look for a breakdown below 79,500 towards 78,000. Ethereum can be shorted around 2,300, with a target of 2,280-2,250. #BTC回调 $BTC ‌$ETH ‌