$BTC In the early hours, the market continued to probe upward. The coin price broke through the 64000 level in one move and surged as high as around 64700 before facing pressure and pulling back. It’s currently consolidating around the 64100 area. Bitcoin and Ethereum are moving in sync; the market briefly tested around 1830 but met resistance, and the current price is now maintaining choppy consolidation around the 1800 level. The short positions we placed around 63800 in the early morning were executed strictly according to the plan, and we exited with a small loss near 64100. In this kind of market, losing a single trade isn’t something to regret—accept it when it’s time. What’s truly regrettable is holding on to a losing position and getting stuck; even if good opportunities show up later, you can only watch them pass by. The rhythm hasn’t been thrown off. The “ammunition” is still there—there’s another round ahead.

The daily chart has printed six consecutive bullish candles, and the momentum to push higher is still continuing. However, the candle near the close still finished as a doji-style K-line, and with a long lower shadow below it, short-term divergence between bulls and bears has become noticeably stronger. Structurally, the price hasn’t made a second attempt to test 64800, this key resistance. The K-line trading range is still trapped inside the downward channel, and the overall characterization remains a phase of probing higher—not a trend reversal. Only if the market further expands in volume to break through the downward trendline and holds its position would it be valid to talk about a shift in the bullish structure. Until then, operations should continue to maintain a bearish mindset. On the 4-hour timeframe, bullish volume looks quite strong, but the upward channel hasn’t truly opened. The Bollinger Bands are still contracting, and the indicators are already near the overbought critical point, so there’s a risk of a head-turn correction at any moment. Under this kind of structure, even if price nudges higher again, the probability of a pullback remains quite high. The key resistance zone mentioned repeatedly before continues to serve as the reference line between bulls and bears—if it doesn’t break, then it stays short-biased.

Short Bitcoin in the 64300-64800 range, targeting 63500-62800, with a stop loss placed above 65000. Short Ethereum in the 1810-1830 range, targeting 1780-1750. $ETH