Morning Thoughts

Looking at Bitcoin on the four-hour chart, after the price dipped below the 76k support level, it has been moving in a pattern of alternating small bullish and bearish sideways consolidation. This week, the market has yet to form a significant breakout, with narrow-range tug-of-war consolidations continuing further. The rebound strength remains quite effective, but there is no sustained upward breakout. Additionally, due to Monday's holiday, the US stock market closed early tonight. Without the stimulus from US stocks, the market is unlikely to break out of the previous consolidation range in the short term. Our previous bearish outlook remains unchanged.
In the short-term hourly chart, after the price quickly oscillated around the midline and failed to break through effectively, the current hourly chart shows four consecutive bearish candles, again breaking below the midline. The MACD has shifted from positive to negative, so the short-term outlook continues to favor a continuation of the decline. Continue to short on rebounds.
Trading Suggestions:
Short Bitcoin around 78,000, targeting around 76,500.
Short Ether around 2,150, watch around 2,100.