From our Sunday performance projection, we can see the market’s divergence: under the BTC upward trend, a downward trend also exists, developing within a little time frame. Meanwhile, ETH yesterday completed a short-term breakout, and even within the middle time frame, the upward trend still remains. Of course, we can’t say we should sit and wait, doing nothing.

In the subsequent BTC走势, it failed to effectively break through the LTF near-term pressure around 65,500, so the CHOCH is not成立, and the downtrend remains intact. OK, since last night’s price action has already provided a signal, we just need to wait for the rebound. The resistance around 64,500—if it gives a signal—will be the time to enter a short position. The signal is the most important thing. No signal, no entry.