Reviewing all of Tuesday, the market continued its bearish trend, with Bitcoin trading sideways in the 76,000-76,800 range, repeatedly tugging back and forth. Bulls attempted several rebounds but were suppressed each time. In the evening, the bears regained strength, with a low dip to 76,107. Although it did not break through the previous low of 76,014, the overall center of gravity clearly shifted downward, indicating a weak market structure that may persist.

Today’s strategy repeatedly suggests that rebounds should be used as opportunities to short, with a focus on a combination of long and short positions but mainly shorting. Bitcoin gained a total of 2,122 points in space for the day, while Ethereum gained a total of 64 points, with overall stable gains.

From the current chart, the market remains in a downward trend dominated by bears. The slight rebound is a technical correction after a decline and does not show clear reversal signals. The 4-hour Bollinger Bands for Bitcoin are opening downward, with the candlesticks running along the lower band. Moving averages are arranged in a bearish pattern. The 77,000-77,500 zone faces heavy selling pressure; the 1-hour rebound has failed to break through the middle Bollinger Band, indicating that bullish momentum is severely lacking. The short-term trend remains dominated by bears, and any rebound is an opportunity to short. Ethereum’s movement is synchronized, with the 2,150 resistance level acting as a strong pressure point. The 1-hour rebound around 2,140 encountered resistance and fell back, with support levels continuously moving lower. The bearish trend is clear, and rebound strength is very weak.
BTC: Rebound in the 76,800-77,000 range is short, with a target downward move toward around 75,000.
ETH: Rebound in the 2,130-2,150 range is short, with a target downward move toward around 2,000.