$BTC We made the overall downside call clearly in the early morning yesterday, marking BTC 64,000-64,200 and ETH 1,810-1,830 pressure zones in advance. We judged that any short-term rebound is only a brief corrective move, and the bigger picture is mainly about opening shorts. In the early hours, the chart continued following a bearish rhythm. BTC surged from 64,411 in the morning yesterday, hit the upper Bollinger Band and fell under pressure, then saw volume expand as it sold off all the way down, with the low dipping to 61,806. ETH likewise surged to 1,848, met resistance and dropped back; the low reached 1,748. During the day, there was only a slight weak rebound—just a bounce-back buffer after being oversold. Throughout the rebound, buy-side volume kept shrinking, with extremely weak long follow-through and absolutely no reversal signal. As of now, BTC is at 62,145 and ETH at 1,765, still trading below the Bollinger middle band.

On Monday’s plan:
BTC “哆丹” entered at 63,737, exited at 64,300, taking 563 points; BTC “箜丹” entered at 63,978, exited at 63,400, taking 578 points; BTC “箜丹” entered at 63,657, exited at 62,686, taking 971 points.
ETH “哆丹” entered at 1,805, exited at 1,840, taking 35 points; ETH “箜丹” entered at 1,826, exited at 1,780, taking 46 points; ETH “箜丹” entered at 1,815, exited at 1,780, taking 35 points

Currently, the 1-hour Bollinger Bands for BTC are sloping downward overall; the middle band at 62,545 has turned into strong resistance. Price remains under pressure and continues operating below the middle band. During the down move, volume expanded while rebound volume contracted slightly. The bearish trend is firmly established. Short-term support is at 61,806; if that support breaks, downside room will open up. Once it drops through the 60,000 level, subsequent downside potential will expand further. ETH is moving down in sync: the middle band at 1,774 is capping price. After the high at 1,848 touched the upper band, it kept weakening. Short-term support is at 1,748; after support breaks, the downtrend will continue. The two coins are perfectly synchronized—every rebound fails to hold above the Bollinger middle band, and each upswing is an opportunity to short.

Tuesday morning operation plan

BTC near 62,200-62,500 “箜”, target 61,000

ETH near 1,770-1,790 “箜”, target 1,700