$BTC Will this correction continue downward or rebound strongly?

Whether it's Bitcoin or Ethereum from the daily chart, although yesterday was a full-day rebound, Ethereum's strong resistance at 1780 is still there and can't be broken through.
It's clear that multiple attempts to push higher failed, the bulls are powerless, and it continued to decline overnight.
From this, we can see that the downtrend has returned, and the bears are continuing to exert pressure.
Just now, the price touched the 1680 round number with a spike, but that wasn't real buying with genuine funds.
Seeing the huge buy orders at 1680, it looks like a trap to lure retail traders.
You might think big players are supporting the price, but in reality, it's just bait to get you to buy in.
Once the price hits 1680 or even falls below, the main players can withdraw their orders at any time or directly smash through.
They won't stop pushing the price down until all long traders are completely hopeless, liquidated, and out of the market.
Therefore, my personal trading approach:
Within the day, follow the trend and go short; if there's a rebound, continue shorting.
Don't expect too much; all the bullish signals you see are just traps to lure you in.
The downward momentum is very fierce, with hardly any decent resistance.
Now entering a long position is risky, as you'll likely get caught with a "halfway" knife and be trapped.
$BTC Currently short, add to the short position if it rises to 63500!
$ETH Short directly around 1690, as long as it doesn't go above 1720, go short boldly!
Target at 1660.