Throughout the day, the market maintained a weak downtrend rhythm. Regardless of whether it was Bitcoin or Ethereum, the real-time layout focused on short positions, especially after multiple failed rebounds failed to achieve a significant breakthrough. The bearish momentum released very decisively. Bitcoin gradually declined from above 70,000 and touched around 68,750 at its lowest point in the evening. Ethereum continuously dropped from above 2,230 to around 2,098. The overall profit-taking situation was quite ideal. This shows that trading often isn't about who sees the trend faster, but rather who can maintain patience when the direction is clear. The market never disappoints those who are prepared. Every stable profit realization is the result of long-term rhythm accumulation.

Regarding the current market structure, from the 1-hour and 4-hour timeframes, Bitcoin is still operating within a weak downtrend channel overall. During rebounds, the highs continue to decline, indicating selling pressure from above remains. Currently, around 70,000 is still the main resistance area in the short term. As long as the price cannot stabilize around this level, there remains the possibility of further downside testing of support levels. Pay close attention to the support strength around 69,000 in the short term. Ethereum's current structure is similarly weak, with clear pressure above 2,140. While the market has shown minor recovery, the overall rebound strength is insufficient and hasn't created effective volume increase, indicating that the bearish control hasn't changed. Operationally, it remains more prudent to maintain the strategy of shorting on rebounds, waiting for the price to approach the resistance area before entering positions. #Gate13周年全球庆典 $BTC