During the daytime, market fluctuations are very limited, with prices experiencing small rebounds after each pullback. After relevant news is announced in the evening, prices accelerate downward. This fluctuation rhythm provides us with multiple good opportunities to follow the trend and position ourselves. First, we positioned at 71,500 in the morning and held until 70,500, gaining a thousand points; then we re-entered at 71,300 and held until 70,200, again earning a thousand points; in the afternoon, we continued to position around 71,075, holding all the way down to around 68,500, successfully capturing 2,570 points. Simultaneously, Ethereum, which was also positioned, gained about 160 points. Every wave of market fluctuation was precisely grasped, allowing followers to safely lock in profits, steadily increase their positions, and harvest substantial gains.

From the daily chart, it’s clear that after the price retreated from the high point, there has been no strong rebound pattern. It mainly oscillates slightly upward, with a stepwise downward trend on the daily chart. Each rebound encounters resistance and pressure, followed by an accelerated decline, indicating that the current market is dominated by bears. Following the trend and controlling the rhythm is key. Looking at the 4-hour chart, recent movements mostly end in consolidation. Even after several small rebounds earlier, the bears still exert strong pressure, and the price has returned to a consolidation zone. Currently, there are no signs of a bottoming out, and there is still ample space below. The overall outlook remains bearish. Short-term bearish momentum is strong, with plenty of room for pullback, and the bearish outlook remains unchanged.

At midnight, short Bitcoin from 68,600 to 69,000 directly, targeting 66,000; Ethereum from 1,975 to 2,000 directly, targeting 1,880. #GateforAI重磅上线