Guys, the current market trend is exactly in line with my prediction! In the early session, the market formed a rebound pattern similar to a double bottom. I initially thought the bulls had the momentum to counterattack, but the price surged to the 60700 level and immediately faced resistance and fell, which is enough to show that there is a heavy selling pressure above. At this stage, the bears still dominate the market.

For those of you currently holding short positions, there is no need to worry. Just hold your positions patiently and sit tight to capture the full profit from the entire downward wave.

At this stage, the key support level to watch is 59000, which is the last defense line for the bulls. Once this support is lost, the market will naturally drop to the previous low of 58030, and in extreme cases, it may further dip to 57500. Only when the subsequent market forms a large bullish candle and firmly breaks above 60700 will there be conditions for bottom-fishing and going long. At other times, do not try to guess the bottom or buy the dip.

Short-term entry strategy

BTC: In the rebound range of 60000–60500, set up short positions in batches, with phased targets at 59000 → 58030 → 57500.
ETH: In the rebound range of 1560–1590, go short accordingly, with the first target at 1510 and then looking at 1460.
Follow the trend, suppress the desire to bottom-fish, and prioritize risk control.$BTC