Another week is almost gone, and time has passed pretty quickly. Let’s take a look at yesterday’s market: the lowest point dipped to 63,708. After hitting the bottom, it started a consolidation and rebound upward. The market then climbed steadily, rebounding all the way to a high at 64,553. At this stage, the coin price has fallen slightly; it’s currently holding around 64,400. Overall, it completed a bottoming-and-rebound move. Yesterday’s market range was too small, and in live trading there wasn’t much room for layout. At present, the bearish trend hasn’t changed, so the approach remains the same: mainly look for shorts from the highs.

On the daily timeframe, after the earlier rally topped out, a round of deep pullback kicked off. The overall large-cycle decline structure hasn’t fully played out yet. It’s just that the selling momentum is gradually exhausting; for now, it has paused and stabilized. At this stage, it can only be defined as a consolidation during the downtrend—it’s difficult to directly reverse and return to a bullish trend. Overhead resistance is heavy, and upside rebound space will be continuously constrained. After finishing a bottom search on the 4-hour timeframe, it then moved into a sustained corrective rebound, with lows continually moving higher. The short-term bulls’ follow-through and support are strong. In the short run, the market will likely maintain a consolidation-and-upward repair rhythm based on low-point support. However, under the daily timeframe’s overall weak environment, this rebound is very likely just a technical repair, making it hard to achieve a one-way strong surge. Once the rebound touches the upper pressure zone, the price will likely face renewed pressure and fall again. We’ll just wait for the market to rebound to the high point, and then short it in line with the momentum.

Big BTC short around 64,500 Target 62,000
ETH short around 1,890 Target 1,800#直通IPO第二期JerseyMikes $BTC ‌$ETH ‌