When the tide goes out, the naked swimmers are revealed. Profits easily gained during the boom period often double during downturns. Your investment strategy, risk management, and psychological resilience are only truly tested in a bear market. This morning, we entered short positions on Bitcoin at around 76,858 and Ethereum at around 2,283. As expected, prices plunged in the evening!

Yesterday's market again confirmed the dominance of bearish sentiment. A deep correction of over 5,000 points in a single day reflects the sellers' pressure at key levels and further indicates that the current market rhythm is still controlled by the sellers. The technical rebound after touching around 72,900 is more a routine correction after a sharp decline, not a clear sign of trend reversal. From the market structure, the rebound momentum remains limited, and the overall trend is still in a consolidation phase within a bearish pattern. The key resistance zone above is relatively clear; if volume cannot break through later, after the corrective rebound ends, the market is likely to test support levels again.
Trading suggestions:

Short around 74,000 for Bitcoin, target 71,000
Short around 2,200 for Ethereum, target 2,000