The overall intraday market remains more inclined towards consolidation and fluctuation, and the price retracement has not broken below the 79,000 level. Currently, it is still staying within the range, and the focus for the future remains on the breakout signals. Regarding Ethereum, there has also been some retracement today, but it has not broken below the 2,250 threshold. It is still in a downward adjustment phase, and the rebound currently lacks significant strength. The overall trend remains dominated by bears. For the white session, short positions on Bitcoin have been closed, capturing nearly 700 points. The Ethereum short positions are still held, and after Bitcoin's rebound, look for opportunities to re-enter.

Looking at the 4-hour chart, after a series of bearish candles, the market has entered a white session adjustment. It is still in a phase of downward probing, and as the trend continues, the Bollinger Bands will open wider, attempting to test lower support levels. Although currently hindered by the 79,000 level in the short term. The indicators do not show oversold signals yet, and a short-term rebound that does not break above 80,600 still indicates a bearish pattern. Wait for the market to further probe downward, which will drive a retest of the daily structure. In terms of volume, the rebound appears to be just a consolidation of the bears' buildup, and the outlook remains bearish.

Bitcoin can be shorted at 79,700-80,000, targeting 79,000-78,000. Ethereum can be shorted at 2,280-2,300, targeting 2,250-2,200. #比特币跌破8万美元 $BTC ‌$ETH ‌