Yesterday's market experienced significant volatility, which likely put many under psychological pressure. Compared to the slow, gradual decline over the weekend, yesterday saw intense long-short competition with prices swinging back and forth. The 59000 low failed to break through the bullish support, while the 60000 mark was lost and then regained. After the US stock market closed, prices moved sideways at a high level, signaling a risk of a trend reversal.

Although the four-hour candle showed a strong bullish body, the long upper shadow cannot be ignored. Repeated attempts to rally and fall back indicate persistent selling pressure above. Currently, bullish momentum is insufficient, with no continuous upward drive, and the market remains in a phase of bottoming and consolidation. Stay calm and do not let short-term sharp fluctuations disrupt your trading rhythm.

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