Yesterday early morning, Bitcoin surged to around 69,900 before continuing its pullback. Our midday high-altitude strategies for Bitcoin and ETH were perfectly executed!

Currently, on the daily chart, the price rebounded from the lower band but repeatedly faced resistance at the midline. The trading volume is gradually diminishing, highlighting the lack of bullish momentum, and the overall bearish structure remains unchanged. The 4-hour chart shows a stepwise downward trend, with moving averages in a bearish alignment creating continuous resistance, indicating a clear short-term bearish trend. Overall, the market is dominated by weak bulls and strong bears. Until the daily midline is effectively broken above, any rebounds are merely technical corrections. Trading should follow the trend with a bearish bias, avoiding bottom-fishing long positions.
For Bitcoin, consider shorting near 68,300-69,100 with targets at 66,500-64,800. If broken, follow the trend down to 61,000.
For ETH, consider shorting near 2,060-2,110 with targets at 2,000-1,900. If broken, follow the trend down to 1,800. #加密市场反弹 $BTC