Weekend Bitcoin saw a fast drop followed by a quick rebound—first plunging rapidly to touch the 2007 level, and then surging higher strongly again under the stimulus of news sentiment. Both the up and down moves are driven by fundamentals, not a natural pattern move from technical factors. The current price has returned to around 2100 to trade in a range and consolidate; it looks like the rebound strength is quite strong, but on closer inspection, it hasn’t even broken the short-term high. That’s “strong on the outside but weak on the inside”—it’s rising on the surface, not truly strong. The overall movement is more like technical repair combined with the weekend’s momentum/control, so don’t be misled by the surface-level gains.

In terms of trend structure, from 2381 onward, the short-term highs have kept moving lower—this is a standard weak arrangement. Even though this counter-rally looks fierce, it still hasn’t broken through the downward highs’ resistance. If you want to talk about a trend reversal, the bulls must first get past the 2180 level. What is 2180? It is the opening level of the Bollinger lower band on the two-day chart after the lower-band narrowing (the opening after the contraction), and it’s also a key level for the continuation of the drop. Together with the suppression from the 5-day moving average’s solid “energy bar,” if it can’t push higher, there can be no talk of a trend shift. Also, this rebound is largely a sentiment play driven by Middle Eastern developments; the situation there changes day by day, with almost no follow-through. A rebound pushed by news is the least reliable. Returning to the structure itself, the weak pattern hasn’t changed—continue to focus on the bearish side.

Ethereum can be shorted around 2125-2150, with targets looking at 2070-2040. Before 2180 is broken, rebounds are opportunities to short. #股票交易挑战最高赢17000U $BTC ‌$ETH ‌