Yesterday, Bitcoin hovered around 75,000, impacted by war news, causing a sudden plunge in the market, briefly retesting around 74,200 before stabilizing. But we repeatedly emphasized in live streams and strategies that weekend-driven dips like this are often not trend reversals; they are more about panic selling, and after the decline, the necessary corrections will follow. As the market continued to adjust overnight, the price gradually formed an upward structure, and so far, Bitcoin has rebounded to around 77,200 under resistance, with an intraday rally of over 3,000 points, fully recovering all of yesterday’s losses. Ethereum also showed a nearly 200-point rebound space; yesterday afternoon’s retest was a reminder not to chase shorts, as weekend dips may be corrective. Not sure how many friends followed the long positions on this wave.

On the daily chart, yesterday closed with a large bullish candle with a long lower shadow, directly engulfing the previous day’s large bearish candle body. Switching from a big bearish to a big bullish candle, this is a typical sign of strong bottom-buying interest, indicating that the support in the 74,000-75,000 area is very solid. Currently, the KDJ indicator’s three lines are in a turning and converging state, with a potential for a bullish crossover, and the daily structure is showing signs of recovery. We have repeatedly discussed in live streams and strategies that if the market retests and breaks below 76,000, it targets 74,000; this level has now been reached, and as expected, a rebound has occurred. The gap above at 79,000 remains unfilled, which is a key area to watch in the future. In the short term, the market is consolidating and correcting back into the mid-week range, and considering the weekend period, it’s best to maintain a sideways consolidation rhythm for now. The four-hour chart shows a V-shaped rebound, but it has not broken through the resistance in one go, indicating that while the bulls are gaining momentum, their willingness to sustain volume is still insufficient. The indicator’s golden cross remains, but after volume increases, the short-term outlook is still for the bulls to reduce volume and consolidate, so chasing high is not very cost-effective.

Bitcoin can be shorted at 77,000-77,500, targeting around 76,000. Ethereum can be shorted at 2,130-2,150, targeting around 2,080. #TradFi交易分享挑战 $BTC ‌$ETH ‌