Today, Bitcoin has exhibited a very clear "initial rally followed by decline" rhythm, with bullish and bearish forces completing a significant shift in strength within the day. In the morning, the price stabilized at a low level and rebounded, once showing a relatively strong recovery trend, which led the market to hold expectations for a rebound. However, in the evening, the rebound faced resistance and broke downward, with bearish momentum once again released, completely reversing the short-term rhythm. The price stabilized near the previous low point, initiating a technical rebound, reaching a high of around 63,499, and staying above the middle band of the Bollinger Bands. In the short term, bullish momentum was released, and the market showed clear oversold recovery signals. At that time, we judged that the downward momentum was exhausted, and the support at the low was effective, so we viewed the rebound correction as more bullish, paying attention to the validity of the Bollinger middle band support. Ethereum followed Bitcoin in a similar rebound, stabilizing near 1653 from a low, rising to around 1714. The price stayed above the Bollinger middle band, showing obvious upward momentum, with a rebound pace even stronger than Bitcoin, and bullish continuation was active.

Today’s real trading plan for Bitcoin:
Kongdan entered at 63,334, exited at 62,821, gaining 513 points.
Kongdan entered at 62,826, exited at 62,314, gaining 512 points.
Ethereum Kongdan entered at 1714, exited at 1669, gaining 45 points.

Currently, both Bitcoin and Ethereum are in the second bottoming phase after a decline, with prices breaking key support levels, dominated by bearish momentum. In the short term, after the rebound was pressured and broke down, the continuation of the bearish rhythm is more likely. The Bollinger middle band nearby will become a strong resistance level. If the price cannot re-establish above the middle band, it is likely to continue weak oscillation or further decline. Key support below is near the intraday lows; if support holds, a technical recovery may be triggered again. If support breaks, a new downward space will open. Today’s market shifted from a slightly bullish correction in the morning to a breakdown and weakness in the evening, completing a clear shift in the strength of bulls and bears. The market rhythm always follows the signals; there is no unchanging bullish or bearish trend, only adjustments in thinking according to market changes.

The previous rebound was merely a technical correction within the downtrend, not a trend reversal. The breakdown in the evening signaled the return of bearish forces. Moving forward, we will shift to a more bearish rhythm, focusing on signs of resistance during rebounds and seizing bearish opportunities accordingly.