Last night’s market moved with a push higher followed by a quick pullback and rapid dip. At this stage, it has entered a weak rebound and a repair range. Although there has been a small uptick in the short term, overall it is still in the consolidation stage after a bearish market. There is strong pressure overhead, and bulls lack the substantive momentum needed to turn the situation around.



This rebound is a typical “pullback repair during a downtrend,” not a trend reversal. Combined with a large amount of trapped positioning stacked above, once the price reaches key resistance levels, it is highly likely to face renewed pressure and fall back. In terms of strategy, it still adheres mainly to staying with shorting at higher levels; avoid blindly chasing upwards. Wait for the rebound to return to the pressure zone, then position short orders accordingly.

BTC rebound to around 64,300–64,800 and go short; target 63,000–62,500 below.
ETH rebound to around 1,850–1,880 and go short; target 1,770–1,700 below$BTC #GateUS合规扩展佛罗里达
BTC-2.11%
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0xNoodleSoup
· 2h ago
The bounce and empty position are indeed stable, but Gate’s move to pursue compliance in Florida is quite clever; in the long run, more funding channels will open up, and short-term fluctuations will be more controllable instead.
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YieldGardenKid
· 2h ago
The high-altitude idea is fine, but if the $64,300 pressure level is broken with a surge in volume, short positions need to be exited immediately—don’t stubbornly hold on.
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