$BTC 7.6 Evening Ideas Sharing

This morning, we directly locked onto the bearish main trend, with a unified approach throughout the day, repeatedly reminding everyone to be wary of short-term rebounds and fakeouts, and only short on rallies. The trend fully matched our expectations. In the evening, Bitcoin broke through the key support at 62000 with increased volume, and the downtrend unfolded as anticipated. In the morning, we arranged a short position on Bitcoin at 63700, targeting 62200. By evening, the price reached the target, securing 1500 points of profit. Simultaneously, we judged that Ethereum's rebound faced resistance, entering a short position at 1783 in the morning, targeting 1750. As the market declined in sync, we successfully took profit, gaining 33 points. While most traders were stubbornly buying the dip and found themselves trapped, we saw through the strength-weakness logic of the market in advance. Both Bitcoin and Ethereum positions were laid out and realized together, with entry points and profit targets all given in advance. Throughout the day, we captured the downtrend on both fronts. Those who kept pace directly secured two substantial gains today.

We previously reminded everyone that, looking at the daily chart with volume, the volume had been shrinking, warning of the risk of a sell-off. On the 4-hour chart, after hitting highs, the price stalled and reversed, with consecutive bearish candles gradually swallowing the previous gains. The bullish momentum on larger timeframes has exhausted. The center of gravity of the candlesticks continues to shift downward, the overall structure has turned from bullish to bearish, and medium-to-long-term support is gradually being lost. The larger timeframe has shifted to a bearish-dominated pattern, and the overall downside space is not yet complete. The logic of shorting with the trend remains unchanged. On the 1-hour chart, short-term moving averages are completely suppressing the price. The bearish rhythm on the chart is consistent, with no sign of bullish counterattack. The short-term trend is completely bearish. In terms of operations, do not chase longs. The decline is not over yet. Rallies are our opportunities to short.

Monday Evening Trading Strategy
Bitcoin: Short around 62300-62800, target 61000
Ethereum: Short around 1750-1770, target 1700