Bitcoin and Ethereum surged in the early hours of yesterday but quickly pulled back, oscillating and rebounding during the day until the evening. The short positions given early yesterday above 63,000 and 1,790 were successfully realized, with Bitcoin dipping to 62,400 and Ethereum falling to the 1,747 level, offering considerable short-term profit potential.



The current market shows another rebound and upward move, but short-term bullish momentum is already insufficient. Looking at the 4-hour technical pattern, the Bollinger Bands are continuously narrowing, the market's oscillation range is gradually shrinking, and the sustainability of the upward trend has significantly weakened. From evening until the early hours of the next day, close attention should be paid to the previous high resistance level. If the market cannot effectively break through and hold above the previous high, it is likely to form a double-top pattern, and the pullback speed and decline intensity after this resistance will significantly accelerate. In trading, profit and loss come from the same source; the same market strategies lead to different trading outcomes due to personal differences. The core gap lies not in the strategy itself but in the details of entry control, position management, and stop-loss/take-profit execution. A rigorous trading system is the core of stable profitability.

Bitcoin short near 62,800-63,300, target 61,500-60,500.
Ethereum short near 1,790-1,820, target 1,720-1,680.

$BTC $ETH #ETH突破1700
BTC-0.77%
ETH-0.73%
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YieldBonsai
· 1h ago
That short on “Er Bing” last night was indeed very comfortable, but if tonight’s push toward the previous high can’t be held firmly, the shorts are likely to get ruthless—make sure to control your position size.
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