### 7.6 Monday Morning Thoughts 1️⃣

On the daily chart, the price has been held down by the medium- and long-term moving averages, and the overall downtrend has not changed fundamentally. This rebound is more of a technical correction after a larger drop—it's not a reversal.

The RSI has already left the oversold zone and has entered a short-term consolidation phase. On the four-hour Bollinger Bands, the bands keep tightening and volatility is clearly shrinking. The bulls and bears are temporarily deadlocked, and there is no clear one-way direction. After the rally, a pullback is more likely.

**Suggestions:**
In terms of operations, still focus on shorting into the rebound—

**BTC:** Short from the rebound at 64000-64800 (pressure), with a downside target of 62500-61000.

**ETH:** Short from the rebound at 1800-1850 (pressure), with a downside target of 1740-1700.

**One-sentence summary:** The trend hasn’t changed; the rebound is the point to short.