A new week, new opportunities. Good morning everyone!

1. Market Review
Just after the recent Sunday sideways movement, there was no rebound; instead, it further weakened this morning, with a large bearish candle directly pushing Bitcoin down to 76,666 and Ethereum to 2,085. Yesterday’s lows were all broken, creating a new low in nearly two weeks. Overall, the market remains dominated by bearish sentiment, and the bulls’ support at key levels is clearly insufficient.

2. Last Week’s Practical Trading Layout
Last week, the market saw frequent shifts between bullish and bearish. There was a stop-loss order on Wednesday, but overall, the rhythm was well controlled, adjusting with the trend, and still steadily profitable. Bitcoin gained a total of 18,172 points for the week, while Ethereum gained 693 points. Congratulations to all friends who kept up with the rhythm last week.

3. Current Market Analysis
At the end of the current decline, volume is increasing, indicating that bears are still emerging, and there is insufficient support for a rebound. Shrinking volume on rebounds and increasing volume on declines are typical bearish dominance features. Bitcoin’s 4-hour chart broke below the previous consolidation platform at 77,600 support, with Bollinger Bands opening downward, and the candlesticks moving along the lower band. Bearish momentum continues to increase; the 1-hour rebound has failed to break through the 78,000 level, with strong short-term selling pressure above. Ethereum shows a similar trend, with rebounds clearly suppressed by the hourly middle band, repeatedly falling back quickly, with very weak strength. Support levels below are continuously moving downward, confirming a clear bearish trend.

4. Trading Suggestions
Focus on shorting during rebounds, control your positions well, and set proper stop-loss and take-profit levels.
BTC: Resistance short at 77,500-78,000, target down to 76,600, if broken, look at 76,000.
ETH: Resistance short at 2,140-2,160, target down to around 2,090-2,050.