Yesterday, the market experienced significant volatility, which likely put many people under psychological pressure. Compared to the slow decline over the weekend, yesterday saw intense long-short battles with repeated price swings. The 59000 low failed to break the long support, while the 60000 level was lost and regained. After the US stock market closed, prices remained high and sideways, hinting at the risk of a trend reversal.

Although the four-hour candlestick showed a strong bullish body, the long upper shadow signal cannot be ignored. Repeated attempts to rally and then fall back indicate persistent selling pressure above. Currently, the bulls lack momentum, with no sustained upward drive, and the market is still in a base-building and grinding phase. Keep a calm mindset and avoid being disrupted by short-term sharp fluctuations.

BTC operation suggestion: Short near 60200, add to position at 60800, stop loss at 61500, take profit at 59400-58600.
ETH operation suggestion: Short near 1590, add to position at 1620, stop loss at 1650, take profit at 1565-1530.