Morning Bitcoin continues its rebound from the 77,300 level, reaching a high of around 78,150 before facing resistance as expected. The current price has fallen back above 77,700, consolidating within a narrow range. Ethereum moves in sync, rebounding from around 2,120 to a high of 2,157 before also encountering resistance and weakening. The current price hovers around 2,135. Our real trading short positions opened in the morning are still in profit, and the market trend is fully in line with expectations. Sentiment influences trading, rationality governs gains and losses, and in a weak market, rebounds are opportunities to short. This strategy was clearly emphasized in the morning. Congratulations to the students who joined the live trading session this morning and achieved a successful start.

From the overall trend structure, the market has gradually broken free from the four-hour downtrend channel. The bearish dominance is becoming clearer, with a typical stepwise downward movement—each minor rebound and correction continues to break lower, with highs constantly shifting downward. This is a classic weak trend continuation pattern. Currently, the three moving averages are diverging in a bearish pattern, and the price is facing resistance at the upper Bollinger Band. The bearish momentum is increasing again, with selling volume expanding. On smaller timeframes, the bulls’ counterattack is clearly insufficient. Looking at the hourly chart, the daytime mainly shows technical repairs, with range-bound consolidation. Tonight, a renewed surge in momentum is likely, with the direction continuing downward.

Bitcoin can be shorted in the 77,800–78,300 range, targeting around 76,000. Ethereum can be shorted in the 2,140–2,160 range, targeting 2,100–2,080. #灰度购入超51万HYPE并质押 $BTC ‌$ETH ‌