The intraday Bitcoin and Ethereum overall market trend is a pattern of first falling and then recovering. During midnight, it initially moved higher and then retreated, with Bitcoin oscillating downward from around 76,000. After multiple failed rebounds, it gradually declined, with the lowest point reaching around 73,600, forming a phase low; Ethereum similarly retreated from around 2,340 to about 2,250, with bearish sentiment fully released in the morning. In the afternoon, the market entered a recovery phase, with prices oscillating around the lows, followed by a rebound in the evening. However, the overall rebound strength remained constrained by resistance above, ending the session within a range. Based on my intraday practical layout, the core strategy has always been to short at high levels, entering in batches at rebound points to ride the entire decline space. The rhythm control is quite clear, and it can be said that the overall performance on the first day of this week has been very impressive, achieving a relatively complete profit realization at the practical level. Therefore, trading is never about luck but about the combination of cognition and execution. Going with the trend and aligning knowledge with action are the only ways to continuously accumulate your own certainty amid volatility.



From the current market structure, on the daily chart level, Bitcoin shows clear signs of stagnation after a previous surge, with a high point displaying an upper shadow, indicating increasing selling pressure above and a short-term need for a correction. The 4-hour chart has already formed a stage divergence, with the market attempting a rebound but failing to break through the previous high, indicating a rebound correction rather than a trend reversal structurally. The 1-hour chart shows a pattern of oscillation and correction after a decline, with lower highs continuously, and the key resistance zone remains around 75,500-76,000. Ethereum is similar; the daily chart faces resistance after a surge, the 4-hour structure weakens, and the rebound is more of a technical correction. Based on this, the subsequent trading approach remains clear: continue mainly shorting and avoid blindly chasing longs. Focus on the 75,800-76,000 zone for Bitcoin resistance, and prioritize short positions if rebounding into this range; for Ethereum, watch the 2,320-2,340 resistance zone, and use rebounds as opportunities to re-enter short positions. Overall, the current market has not yet completed a true trend reversal; the bullish moves are more of a correction, and trading with the trend remains the more certain choice.
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