The decline does not speak of a bottom, the rise does not speak of a top.

1. Review of the market from early morning to now
The market review continues the weak pattern from yesterday, but the downward momentum has slowed. After touching the 76014 low point, Bitcoin did not continue to fall sharply but instead oscillated narrowly around the 76800-77000 range. It reached a high of about 77300 in the morning but was quickly pushed back down, currently trading around 76700. Ethereum also found support near 2074 and rebounded slightly, reaching a high of 2146 but failing to stabilize, now falling back to around 2126. Overall, after the previous continuous decline, the bearish momentum has weakened, but the bulls still cannot organize an effective counterattack. The rebound is weak with poor persistence, typical of a consolidation during a downtrend.

2. Yesterday’s Zhi Lan’s real trading layout
Yesterday, Zhi Lan’s strategy repeatedly indicated a high short position from the morning. The actual trades focused on shorting, and all short positions were successfully closed at profit. Bitcoin gained a total of 3003 points in space, while Ethereum gained 123 points simultaneously. Surely no one is still fighting against the trend in such a clear downtrend, right?

3. Current market analysis
Combining multi-timeframe analysis, the current market remains in a bearish dominant downtrend. The slight rebound in the morning was a technical correction after a sharp decline, with no clear reversal signals. The hourly Bollinger Bands for Bitcoin are flat across three lines, with candlesticks repeatedly fighting near the middle band. The 77500-78000 zone above forms short-term resistance, while support levels below keep moving downward. The bearish trend is clear, with very weak rebound strength. On the four-hour chart, the trend is still in a bearish alignment; the rebound has not broken back above 77500, indicating the bulls are unable to reverse the situation. Ethereum also faces resistance around 2140-2150, with no clear reversal signals.

4. Trading suggestions
Operate mainly by shorting at high rebound pressure levels, control positions, and set proper stop-losses.
BTC: Short at 77000-77500 resistance zone, target 75500 below, breakouts target 74800.
ETH: Short at 2135-2150 resistance zone, target 2090 below, breakouts target 2050.
#TradFi交易分享挑战 $BTC ‌$ETH ‌