No need to self-destruct over short-term fluctuations; when prices rise, don't be greedy, when they fall, don't panic. Understand the market trend and follow the momentum; if you can't see the trend clearly, stay on the sidelines with an empty position. Short-term wins and losses are just part of the journey; long-term steady compound interest is the most solid confidence to survive bull and bear markets and remain in this market. After the storm, the direction will become clear. Stay calm, keep your rhythm steady, and your profits will arrive as scheduled. Today, Bitcoin's intraday high was 79,455, and the intraday low was 77,408, with an overall fluctuation of about 2,046 points. Previously, Bitcoin surged along the upper Bollinger Band, reaching a new high of 79,455. After a brief bullish push, it quickly faced resistance. Ethereum's intraday high was 2,403, and the low was 2,307, moving in sync with Bitcoin's rise and fall. Following Bitcoin's strength at high levels, Ethereum weakened, with a weaker rebound than Bitcoin, and faced heavier selling pressure.

Currently, Bitcoin's price has surged and fallen back, breaking below the strong support of the 4-hour Bollinger Band middle line. What was support has now turned into resistance. The next likely test is the lower band around 76,935. The KDJ indicator's three lines are at high levels, forming a standard death cross, with the J line quickly bottoming out, signaling a typical top-reversal and bearish correction. The downward momentum has just been released. The MACD lines are turning downward, with the green bars continuously expanding, indicating the bull trend has ended. The bearish momentum is increasing. The candlestick pattern shows a large engulfing bearish candle at the top, completely swallowing the previous three bullish candles, confirming a top reversal pattern. The downward space is fully open. In the short term, the rally is weakening, rebound heights are decreasing, and buying support is insufficient. Today, after encountering strong resistance, Bitcoin's volume surged downward, ending the short-term rally. All four-hour indicators have turned bearish, funds are flowing out from high levels, and the top reversal pattern has been confirmed. Large funds are shorting Bitcoin, and the market is weakening overall, with a clear bearish trend. Short-term shorting has a very high success rate. In terms of trading, prioritize shorting on rebounds, avoid bottom-fishing for longs, strictly set stop-losses, control positions, and avoid pin risk.

Bitcoin: 78,100 bearish, target: 76,000
Ethereum: 2,340 bearish, target: 2,230