Reviewing the early morning market, overall still maintaining a weak consolidation structure, Bitcoin's nighttime rebound was limited, and when it touched the high of around 75,500 again, it faced resistance and pulled back. During the night, Bitcoin once adjusted to around 74,200 and encountered resistance, and the rebound after hitting bottom again was also retraced. Currently, the coin price remains around 74,200 with sideways movement, forming a short-term double bottom pattern with the weekend lows. Ethereum's movement is basically consistent with Bitcoin; after rebounding to 2080 yesterday and facing resistance, it formed a certain top and bottom. As the highs gradually decline, the market continues to shift to a weak tone, breaking the key support at 2050 and further declining. The lowest point was around 2010, where it found support, and now it is consolidating around 2020. Regarding spot trading, last night I took short positions, and this morning I took profits and exited. Bitcoin gained nearly 900 points, and Ethereum gained over 50 points. The market isn't hard to trade; it's just that you don't understand how to follow the trend, can't read the trend, and can't profit. Consider trying a different approach—just as you need it, I am just professional.

From the current daily chart structure, after two consecutive large bearish candles, the price dropped again to the weekend's lowest point. In the short term, the correction reached a secondary low point, which is near the 50% Fibonacci retracement of this upward phase. Currently, there is some strong resistance at the bottom, and this is a phase of adjustment. The Bollinger Bands are also gradually showing a downward structure. Such a market remains weak, but one point to note is that after continuous deep adjustments, indicators are gradually moving toward oversold zones, and the coin price is consolidating around key support. So, at the current low levels, do not chase highs or sell lows; wait for a rebound opportunity and then go short again. On the 4-hour chart, consecutive downward candles have pushed the price into oversold territory, and no technical correction has been signaled yet. The current structure is heavily favoring shorts, which is not a wise choice. Don't be fooled by a few large bearish candles; the structure hasn't broken. Therefore, during the daytime, there are still signs of consolidation. In terms of operation, at the current position, you can chase the rebound first, and after a rebound to yesterday's high, continue to short.

Bitcoin at the current price of 74,300 should directly catch the rebound, targeting a retest of around 75,000 before continuing higher. Ethereum can be bought around 2020, and if it rises to near 2050, consider shorting again. #股票交易挑战最高赢17000U $BTC ‌$ETH ‌