Tuesday

Bitcoin continues to decline sideways to a low of 706, then rebounds after touching the 717 level, but faces resistance on the upside. Currently, the market lacks upward momentum, and the price has fallen back to around 710 for consolidation, with weak rebound strength, seen only as a technical correction, not a trend reversal.
From the daily chart perspective, the overall trend remains in a downward channel, with the weak oscillation pattern unchanged, dominated by bears. Ethereum's movement is synchronized. At this stage, it is not recommended to blindly go long at low levels; quick in and out in the short term is difficult and risky, as a spike could easily lead to trapped positions or liquidation, with limited operational value.
If Bitcoin's rebound can stabilize above 725, then consider switching to a bullish approach; otherwise, continue to treat it as oscillating and biased downward, with the main bearish strategy unchanged, and the lower target focusing on the 700 support level.
Regarding Ethereum, continue to rely on around 2030 to establish short positions, with the target down to the 1980-1900 range. #Gate officially launches stock trading