The range-bound pattern is, no doubt, something everyone is already very familiar with in the recent market. Today’s BTC pattern is the same: after the morning market wrapped up the weekend consolidation phase, there was a strong stretch. In the midday session, the high extended to around 65,700, then the market showed signs of pullback again. After the evening open, there was a brief long-squeeze bait, followed by a drop that started to open. The low fell back to 64,400—right at the morning upswing point. Isn’t that a textbook case of range-bound trading that lures market sentiment? ETH looks relatively firm: it managed to break through the doubts and held above 1,900. Its highest stretch was also around the 1,982 level. After that, market pressure was comparatively weak, with the lowest pullback to around 1,917. Although BTC and ETH don’t have many standout points, there’s a comforting coin: SNDK directly smashed through the short target level of 1,300, reaching down to the 1,231 area—always exceeding our expectations.

So today’s live trading plan was another big harvest. In today’s daytime session, we warned everyone to short at higher levels: BTC around 65,500 short, and ETH around 1,965 short—still brought in a little bit of profit. During the day, BTC’s short position opened last Friday was closed today for a net gain of over 1,000 points space; ETH’s high at 1,971 also secured 41 points space. The most outstanding was SNDK: the short opened last Friday at 1,600 captured 210 points space, and today’s daytime short around 1,470 also accounted for another 150 points.

The trend we kept emphasizing is very clear—stick to the plan, and the gains will come naturally.

At the moment, the market is still showing a rebound-and-repair pattern. In the evening, the testing at BTC’s bottom of 64,500 still was just a little off; it didn’t manage to continue with a breakdown and extension. The行情 (price action) was blocked again. But for this kind of pattern, when the trend is so clear, that short-term rebound is only part of the repair. More of it is the market building momentum amid a breakdown of the bottom support. On the four-hour timeframe, the price action has turned back from a high with four consecutive bearish candles probing the mid-band support. Although a pullback briefly met resistance, within this type of trading structure, our future shorting logic becomes clearer: the breakdown at this stage marks the start of accelerated downside—and is also an opportunity to add positions. Combined with the prior high-level consecutive bearish pattern where longer upper wicks kept appearing, it shows that rebound pressure is still fairly strong. Therefore, the rebound momentum in the short term must be limited—stay firm with shorts going forward. The key to watch is the breakdown effectiveness of the BTC 64,500 support zone.

BTC short in the 65,000-65,500 range Target 63,500
ETH short in the 1,945-1,965 range Target 1,880
#直通IPO第二期JerseyMikes $BTC ‌