Early this morning, BTC quickly broke through the 58000 mark, hitting a low of 57758 before funds quickly stepped in, pulling back to the 59000 range for consolidation. The short-selling strategy laid out yesterday was perfectly executed, accurately grasping the market rhythm.

From the current chart, the daily price is firmly under pressure from the middle and lower Bollinger Bands, with the bands continuing to open downward. The low of 57758 in this decline is only temporary support from an oversold condition. The current rebound is just a weak corrective bounce after the sharp drop, without conditions for a trend reversal. On the 4-hour chart, the K-line has slightly bounced off the lower Bollinger Band, but the descending channel remains unchanged. The middle band is the first strong resistance for this rebound. On the 1-hour chart, a technical oversold repair is occurring, with short-term indicators warming up, but the bearish pressure from the larger timeframes is extremely strong. The overall operation strategy remains to follow the trend and prioritize short positions. When the rebound meets resistance, it is an opportunity to enter short positions, without blindly catching bottoms for reversals.

BTC: short near 59500-60100 on rebound, target 58000-57000, if broken, next target 56000
ETH: short near 1600-1630 on rebound, target 1530-1450#Strategy拟回购股票 $BTC $ETH