#隐私代币板块全线上扬 The early morning market movement is quite exciting.

$BTC It briefly touched the 100,000 mark but then dropped straight down to around 98,800, catching the longs off guard. $ETH Even worse, it dipped as low as 3,055. Looking at the hourly chart, there’s no volume supporting the rebound, with one bearish line after another downward, and the bearish atmosphere is very strong.

From a technical standpoint, the overall structure is weak, and the short-term rebound might just be a bait for short positions. In this kind of market, buy the dip risks are too high.

If you want to trade, $BTC can wait for a rebound to the 101,500–102,500 range, and try shorting with a small position to see if it can reach 100,500, 99,500, or even 98,000.

For $ETH , watch the resistance around 3,320–3,280. If it goes above, consider shorting with targets at 3,220, 3,150, and 3,050.

Remember, during a weak cycle, don’t fight the trend aggressively. Manage your position well; trading with the trend is the key.