Yesterday, driven by market conditions, we saw a strong rebound. It rebounded precisely to the “buy the dip / catch the shorts at the entry” position mentioned in the strategy reminder, and then the ride began. After that, as expected, price action followed through with a period of choppy consolidation and then moved downward. By the time I woke up, it had already arrived at the stop.

At present, the market layout looks like a typical bear-market rebound. Although there’s a repair need on the hourly chart, until the daily trend turns stronger—either by reclaiming and holding the moving averages, or by on-chain capital inflows picking up—every rebound should first be treated as an opportunity to look for selling shorts from the high side. In the short term, pay attention to the resistance at 62,500 - 63,000. This is also the dense suppression zone where the four-hour Bollinger Bands middle band and the EMA moving averages overlap. Only if there’s a breakout here with increased volume can the rebound room open up. If it hasn’t broken through yet, take short opportunities near 61,000 - 60,500.