From midnight to now, the overall trend continues the weak momentum from the weekend. Bitcoin has been consolidating repeatedly around the 70,000 level throughout the midnight session, with several rebounds failing to produce true continuation. The analysis provided earlier remained very clear: position around high levels for shorting, avoid chasing longs blindly, and don't look for reversals during corrections. As the morning session saw concentrated selling pressure, the market quickly descended, touching a low of 68,189 before technical rebound recovery back above 69,000. Ethereum similarly retreated rapidly from around 2,150 to 2,045 before bouncing back to around 2,115 currently. The facts prove once again that once the direction is clear, what remains is patient waiting for the market to deliver results. The anticipated downtrend has materialized, which fully validates the previous short positioning strategy around high levels. Truly disciplined traders never rush to participate in every fluctuation; instead, they identify the direction clearly in advance and wait for the market to move step by step into the expected range.

Looking at the current chart, although Bitcoin showed some recovery after the one-hour decline, the rebound strength hasn't broken through the upside resistance zone. The four-hour structure remains in a weak repair phase, with the moving average system not completing a true reversal, indicating that the current upside move is mainly just a rhythm adjustment after the decline. As long as the key resistance area above cannot be effectively held, there remains potential for further downside tests. Therefore, the operational approach continues to favor shorting on rebounds, without easily changing direction due to short-term rises, with focus on observing pressure reactions after rebounds. Ethereum is similar—the current recovery strength is insufficient to alter the overall weak arrangement. While short-term cycles show some warmth, the larger structure still hasn't escaped bearish control. The subsequent approach maintains short positioning on rebounds unchanged, awaiting the second down pressure after rebounds end. What truly matters in the current market isn't how high the rebound goes, but whether bears can reassert control of the rhythm after the rebound. #Gate13周年全球庆典 $BTC