Currently, both BTC and ETH are operating at the end of a symmetrical triangle convergence, with technical indicators showing signs of stabilization after being oversold, but macro-level bearish factors continue to ferment, and market bullish momentum is severely lacking, making an upward breakout highly unlikely.

Short-term trading strategy:

Only gamble on a weak technical rebound, with limited rebound height; do not chase highs.

Previously held high-position short positions can continue to be held (I have already taken profits and exited).

Rebound long positions should be strictly light-position trial and error, while short positions maintain normal position layout.

Key risk warning:
Mainstream cryptocurrencies have collectively approached the mid-term critical support level; once effectively broken below the current range, it could easily trigger a chain reaction of selling waterfall. Be extremely cautious with long operations, and wait for BTC to stabilize above $77,200 with increased volume before confirming a halt in the decline.