In the early-morning market, the overall price action is still in a bottoming-and-stabilizing structure around the 76,000 area. After the short-term pullback to the 76,000 line and stopping the down move, price continues to maintain a box-range structure. Currently, Bitcoin has rebounded to around 77,000 for range/box consolidation. For Ethereum, the movement is in line with Bitcoin—both the highs and lows have been somewhat contained and brought in. In the evening, a probe near the 2,090 line was met with resistance. At present, the trend is still dominated by the bears, but it’s important to watch whether the pattern after short-term bottoming can push the market into a second leg of higher price action for range consolidation.

Judging from the current order book, Bitcoin around the 76,000 line has indeed formed a double-pin (double-wick) bottoming pattern. On the four-hour chart, the two dips into this level both received effective support, and objective signals of a short-term rebound and recovery are clearly present. The fast/slow lines and the three KDJ lines at low levels are resonating in a golden cross, and bullish momentum is gradually building—we won’t deny this. However, it’s still important to note that selling pressure above remains heavy. The market has not yet escaped the weak, range-bound consolidation structure. At this stage, this kind of “repair” can only be defined as a buildup phase within a down move; it is not a trend reversal. Combined with the hourly timeframe, Bitcoin’s bottom has formed a small-level box consolidation structure. The Bollinger Bands are continuing to contract, and the turning point window is coming soon. As mentioned earlier, there is also the risk that the market will fill the 79,000 gap above. After all, that level is a key resistance from the prior top-bottom transition. Under a bearish structure, a pullback to confirm and then trade back down after the gap is filled is, frankly, the most normal move. For the pre-market trading plan, the approach is still to lightly short from high levels.

Bitcoin can be lightly shorted in the 77,000-77,500 range, watching for whether 76,000 breaks. If there’s a rebound around 79,000, consider adding to the position. Ethereum can be shorted at 2130-2150, watching for around 2080. #特朗普推迟打击伊朗 $BTC ‌$ETH ‌