Bitcoin experienced a strong pump in the two days of trading over the weekend, with prices briefly breaking through key resistance levels, and market sentiment significantly warming. However, entering this week, the market failed to maintain the previous upward momentum, with the 1-hour level trend gradually weakening, and prices beginning to fluctuate and fall. The current market data has broken below short-term support, forming signs of a local high point moving down, indicating that long positions are losing momentum, and the market is entering a technical pullback phase.

From the current trend, although the price shows a downward trend, the risk of directly shorting is relatively high. On one hand, after a sharp short-term drop, the market may see an oversold rebound, especially near key support areas, where the bearish momentum may temporarily slow down; on the other hand, although the MACD on the 1-hour level is in a death cross, the fast and slow lines have not fully diverged, so we need to be wary of the possibility of bottom divergence repair. In terms of operation, it is recommended to patiently wait for rebound opportunities during the midnight period. If the price rebounds to the upper resistance zone and shows signs of stagnation, then consider gradually positioning short orders. In the short term, pay close attention to the support strength in the 83000-82500 range; if it breaks down, it may accelerate the decline. The overall strategy is to focus on high shorts during rebounds and avoid blindly chasing orders.

Short-term trading suggestions:
Short Bitcoin around 84800-85000, target focus on around 83000; Short Ethereum around 1625, target focus on around 1550.