The intraday market remains generally consolidating with decreasing volume, and in the evening, it faces resistance around 77,000, pulling back. The relative price ratio undergoes a phased adjustment, once again testing support near 76,000, currently showing a corrective move. Ethereum's price action is basically consistent with Bitcoin's, with pressure around 2,150 during the daytime, increasing volume on the correction, and the lowest dip reaching around 2,100 to find support in the evening. Currently, it is still in a midday consolidation, with the bears maintaining dominance; the rebound continues to be a selling opportunity.

On the daily chart, after the price surged and encountered resistance, there are small bullish candles interspersed, but overall, it remains under the suppression of a consecutive series of bearish candles, indicating a downward pressure structure. The strength of the rebound is clearly insufficient to reverse the downward trend. The bullish momentum bars continue to shrink, and the rebound is always blocked by key resistance zones. This is what we have been emphasizing — in a weak market, it’s not about fearing a fall that doesn’t happen, but about fearing a rebound that lacks strength. Currently, the market is still in a phased adjustment rhythm, with the trend dominated by bears. The moving average system turning downward is also very clear; no need to elaborate further. On the four-hour chart, the downward opening of the trading channel continues, with prices testing up and down in a weak state. Although the bearish volume has decreased, it does not mean the bears are exhausted; it’s more like a consolidation phase for the downtrend. The moving averages show some signs of turning, and the smaller cycles are entering a consolidation and correction phase, but this correction is only to create better positions for higher shorts, not a reversal signal. As long as the rebound on the four-hour structure does not break through key resistance, the bears still have room to extend.

Bitcoin can be shorted around 77,000-77,500, with a watch on the support structure at 76,000 for a continuation if broken. Ethereum can be shorted around 2,130-2,150, with a watch on around 2,080. #TradFi交易分享挑战 $BTC ‌$ETH ‌