Yesterday, BTC surged to the 60500 resistance level, got dumped right away, and then slid lower all the way. In the early hours, it bottomed out at 58800 before the decline stopped. After that, it pushed out a rebound, stubbornly pulling the 60000 level back in. Now it’s just ranging and grinding around the 60,000 mark.

Judging from the chart structure, the overall daily trend is still a weak bearish downtrend pattern. The upper Bollinger Band keeps moving downward. This current consolidation is only a rest along the way down—it’s not indicating a full reversal to bullish. The 4-hour rebound has already lost steam; the Bollinger Bands are starting to tighten, and a change is imminent. The bearish momentum is still stronger. On the 1-hour timeframe, the short-term push up met resistance and rolled over; it’s about to retest the middle band for adjustment. Overall, for the next moves, we will continue to stick mainly to the high-short approach.

BTC short on a bounce around 60300-60800, targeting 59000-58000; if it breaks, then follow through and look for 57000
ETH short on a bounce around 1585-1615, targeting 1510-1450#Saylor暗示增持BTC $BTC $ETH