Reviewing the early market trend, Bitcoin retreated from the early high of 80,106, dipped to a low of 79,137 at midday, then rebounded slightly, currently maintaining a range-bound oscillation; Ethereum's movement is synchronized with Bitcoin, reaching a high of 2,293 in the morning before facing downward pressure, dropping to around 2,263, then slightly rebounding, currently oscillating around 2,275. The bearish outlook from this morning has been perfectly fulfilled, with a reminder during the session to establish short positions near 80,000, entering at 79,988 and taking profit at 79,359, successfully capturing 600 points profit on the short-term Bitcoin position. Currently, the Asian session shows relatively small fluctuations, and our swing short positions remain profitable. Market ups and downs are normal; stay calm and maintain rhythm, slow down to secure the overall advantage.



From the overall market structure analysis, the daily correction and adjustment phase has completed, and the market repair rhythm has ended, with a short-term bearish trend officially established, leaving room for further downside. The four-hour Bollinger Bands lower band is gradually opening and diverging, with the market continuing to weaken along the lower band, showing extremely scarce rebound momentum and weak bullish attempts. The previous rally point at 77,800 has now become a short-term key resistance level; the hourly cycle also shows a weak correction structure. For intraday trading, focus on following the trend to short, patiently wait for a clear stabilization at low levels, then consider gradually adding long positions in batches.

For Bitcoin, personal advice is to short within the 80,000-80,500 range, targeting around 78,500.

For Ethereum, personal advice is to short within the 2,290-2,320 range, targeting around 2,230.
BTC0.18%
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