A rebound is not a reversal; volatility remains the main theme.

Perhaps the current market rhythm is not as weak as we imagined. After Bitcoin dipped to touch the 76,000 support level and stopped falling to rebound and recover, the trend has not changed; it is still bearish, just a more tortuous process that requires time to exchange for space. There is some intra-day rebound, but do not chase; it’s just a trap for trap traders.

As long as the daily bottom support has not been effectively broken, it will continue to fluctuate. Be cautious in the short term, do not chase gains or sell on dips. During trading hours, try to focus on high short entries, short around any point near 78,000, provided you control your position size. The initial target is around 76,000, and a slight rebound at the US market open can be used to short.

Ethereum is the same. The previous rebound high was around 2,475. Since the downward pressure, it has not shown too strong a performance. Regardless of bull or bear, trading requires patience. Judge the trend, pick good entry points, control your position size, and manage risk. Short at any point below 2,150, initially targeting around 2,000. If it breaks down, go all in; if not, consider eating some rebounds appropriately.