The white market continues to decline in price, only rebounding and rallying at 11 PM. Bitcoin has fallen from 70,000 to around 66,160, a drop of 4,000 points, while Ethereum only dropped by 160 points. However, this market trend also aligns with our intraday trading strategy, indicating a day of short positions. Not sure how many friends followed along. On my side, the real trading account took three short entries on Bitcoin for a total of 3,500 points gained, and multiple short entries on Ethereum for over 120 points. There is no exaggeration here; all our layouts and strategies were provided in advance and are traceable.

The market structure doesn't require much explanation. From the current chart, it’s clear that the overall trend remains weak, lacking upward momentum. To truly push higher, the current weak pattern must be broken first. A quick summary of the current trend: on the 4-hour chart, after some pinning up and down, the price is correcting in a sideways manner. This is what we often call "trading time for space," a common correction pattern. Currently, although the price is slightly rising again, from the resistance above, even if there is a short-term rebound, it is highly likely to encounter resistance near key levels, ultimately leaning towards a decline. #元宵赏月领红包

Midnight Bitcoin short at 68,600 to 69,000, watch 66,300; Ethereum short at 1,995 to 2,030, watch 1,900.