Today, the overall trend of the main market remains relatively optimistic. In the morning, the price steadily declined to around 61,383 support level, with a fluctuation range of nearly 4,000 points. Subsequently, after an oversold correction, it surged to around 64,764 but faced resistance and pulled back. Ethereum moved in tandem with Bitcoin. The evening market sentiment was somewhat disappointing, as Bitcoin's decline unfortunately swept through 236 points, leading to early profit-taking and exiting the market. But overall, this sweep is not significant; the previous accumulation was for continued follow-up, and volatility is the market's nature. A good mindset is the key to successful trading.

From the current market situation, we see that the market is in an extremely sensitive period of bullish and bearish competition. In the early hours, Bitcoin repeatedly attempted to rebound upward but was constrained by dense trapped positions above, failing to recover key moving averages, indicating that the bulls' counterattack willingness is still weak, and the bears remain firmly in control of the market rhythm. The daily Bollinger Bands' lower band continues to diverge downward, with the price closely hugging or even piercing through the lower band, showing that the market is in an extreme one-sided downtrend channel. Any rebound touching the lower band is a weak correction; as long as the price cannot stabilize above the middle band, the bearish trend will be hard to reverse. On a larger timeframe, the trend remains bearish. Although there is a slight short-term rebound trend, it does not change the downward structure. Therefore, any technical oversold rebound is an opportunity to short, and the trading strategy should mainly focus on rebounds.

Tonight, short positions are recommended in the 63,500-64,000 range for Bitcoin, with a target around 62,000.
Tonight, short positions are recommended in the 1,790-1,820 range for Ethereum, with #ETH跌幅超5% a target around 1,650.