Currently, the 4-hour double needle attempts to probe the short-term bottom.

Twice breaking below the 4-hour middle band, followed by a certain degree of rebound after the probe.
In this round of decline, there was almost no consolidation time, and the strong bullish rebound this early morning is due to news sentiment.
Once the news is digested, the market will continue to gradually decline and weaken, and the probability of a reversal to a bullish trend in the future is low.
The rebound is not a reversal; there is still an expectation of further decline.
There are signs of a trend reversal in the market, and the expectation of a downward adjustment for the bears is quite high.
The current rhythm is to continue the decline after a rebound correction, following the continuation of yesterday night's bearish trend.
The price has not yet shown clear signs of bottom formation.
Establishing a bottom usually requires a long period of consolidation to exhaust the downward momentum, or a rapid surge with almost no pullback, characterized by successive higher highs and steadily rising lows.
Therefore, future positioning should continue to focus on the evolution of the bearish trend.
While the market remains predominantly bearish during the daytime, short-term rebounds can also be good opportunities.
Mainly pay attention to the evening and midnight sessions, as the bearish momentum accelerates.

On Friday, Bitcoin around 75,000 can be directly shorted, with the initial target focusing on 74,000-73,500.

$BTC $ETH Ethereum at 2,350 can be directly shorted, with the initial target focusing on 2,300-2,260.