Bottom fishing, bottom fishing—the daily chart shows consecutive up days turning to down days. Over the weekend, altcoins crashed brutally. Bitcoin and Ethereum broke through short-term support levels. Whether the current situation can reverse has become critical!

The weekend's bearish signals continued into the day. Although this is a structural pullback, the 68,000 dense zone is clearing out short-term long positions, while the 74,000 resistance level is equally sweeping out bottom short positions. Recent Middle East tensions haven't truly impacted overall volatility—this is just a technical pullback within range.

As for altcoins, they're being washed out clearly. Retail traders all think it's market manipulation, but the real issue is a problem with trading psychology. Currently, popular coins like SIREN—whether going long or shorting—are not a good entry point. Within the consolidation zone, they're absorbing chips and baiting shorts. After pushing higher to liquidate 80% of retail shorts, they then viciously claw back gains. So there's no logic in fighting these altcoins; you'll just get beaten.

Daily chart resistance converting to downtrend with no reversal—head-and-shoulders pattern followed by flag consolidation, then decline. The range highs and lows are getting progressively lower. On pullbacks, cannot break below 67,000-66,500. In the short term, don't even consider chasing shorts. Within the 67,000 zone, watch for rebound volume. Watch-punch-withdraw!

BTC minor level consolidating around 67,000, going long 5%. Minor rebound to watch 68,300-69,000. If it probes and holds 69,500 as protection, watch 70,300-71,000.

ETH synced above 2,000, going long 5%. Within range, counter-rally to watch 2,050-2,080. If daily breaks above 2,100, protection level to watch is 2,130-2,150.

Finally, wishing everyone good luck...#Gate13周年全球庆典 $BTC ‌$ETH