Yesterday, the strategy was executed with precision. Bitcoin pulled back from around 60800 to around 58400, giving 2400 points; Ethereum moved in sync with Bitcoin’s weakness, dropping by 65 points. Our high-altitude short “orange” order was placed and landed smoothly and steadily.



The current 4-hour short structure remains firmly intact. After a failed second attempt at a bottom, the rebound is weak and unimpressive; the bearish selling pressure has still not been fully released.

There are no signals that a bottom has formed on the market. This short-term rebound is only a brief pause during the selloff—the trend has not turned around. In the next phase, the probability of continued weakness and refreshing stage lows remains relatively high. The weekend strategy remains unchanged: continue to look for selling “going south” on rebounds.

Bitcoin: Short on the rebound around 60500-6100. Targets 59000-58000-57000.

Ethereum: Short on the rebound around 1585-1615. Targets 1550-1500-1450.
ETH2.11%
BTC1.30%
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