Yesterday's strategy was precisely fulfilled. Bitcoin retraced from around 60800 to around 58400, giving 2400 points. Ethereum weakened in sync with Bitcoin, giving 65 points. Our short layout landed steadily.



The current 4-hour bearish structure is firmly held. The rebound after the second bottom test is extremely weak, and the bearish selling pressure has not been fully released.

No bottoming signal is seen on the chart. The short-term rebound is just a brief consolidation during the downtrend, and the trend has not reversed. The probability of continued weakness and new stage lows is high. The weekend strategy remains unchanged, still looking at further declines on rebounds.

Bitcoin rebounds to around 60500-6100, short, targets 59000-58000-57000

Ethereum rebounds to around 1585-1615, short, targets 1550-1500-1450$BTC $ETH
ETH-0.20%
BTC-0.28%
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GateUser-4aea8839
· 23h ago
Rush GT 🚀
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Langlang
· 23h ago
Yesterday’s strategy played out precisely. Big BTC pulled back from around 60800 to around 58400 and delivered 2400 points; Ethereum followed the weakness of BTC, dropping 65 points. Our high-altitude “orange” short order landed smoothly and steadily.

The current 4-hour short (bearish) structure is holding firmly. After a second attempt at the lows, the rebound is weak and unimpressive, and the bearish selling pressure has not yet been fully released.

There are no bottoming signals on the chart. This short-term rebound is only a brief pause during the downswing; the trend has not turned. In the next phase, the probability remains high that price will keep weakening and refresh new lows. The weekend strategy is unchanged: keep looking for shorts as the market continues to head south.

Short BTC around 60500-6100, target 59000-58000-57000

Short Ethereum around 1585-1615, target 1550-1500-1450$BTC $ETH
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