Bitcoin continues its weak downward trend in the early morning, steadily declining from yesterday's high of 76,200 to around 74,200, with a short-term drop of nearly 2,000 points; Ethereum follows the weakness, with a retracement profit space of 80 points.

From the market structure analysis, the previous three consecutive bullish days on the daily chart have completely ended, and currently, a strong two-day decline pattern is forming, with full-bodied bearish candles that directly engulf the entire gains of the previous three bullish days. The overall market is not a strong unilateral upward trend but a sideways downward pattern, with bulls and bears repeatedly fighting and pulling, and the bearish force gradually dominating. The four-hour chart shows an even weaker pattern of four consecutive bearish candles wrapping a single bullish candle, with the market quickly turning down after reaching a high of 78,077. Each subsequent short-term rebound is strongly suppressed by the bears, while the Bollinger Bands' three lines continue to open downward, indicating further downside space. In terms of trading, continue to follow the trend, rely on rebounds at high levels to establish short positions, and stick to a high-short strategy!

For Bitcoin, short near 75,300-75,900 on rebounds, targeting 73,000-71,000.
For Ethereum, short near 2,060-2,090 on rebounds, targeting #特朗普支持CFTC管辖预测市场 1,950-1,900.