It's not because there is hope that we persist, but because we persist that there is hope. Monday's market remains dominated by bears, with intense competition between bulls and bears throughout the day. In the evening, the bears once again take the lead, and Bitcoin hits a new low, starting to decline from the intraday high of 89,972, now dropping to a low of 85,073. Ethereum's movement is similar, falling from a midday high of around 3,177 to a low of about 2,890, also hitting a new low. Regarding the intraday strategy, Lao Chen uses professional technical analysis and layout to kill both sides; in the morning, he is bullish, and in the evening, he is bearish, all in line with the market trend as expected. Bitcoin's intraday layout involves two short positions and one long position, with both longs and shorts taking profit twice, collectively capturing several thousand points of space. Ethereum's layout is similarly two shorts and one long, gaining several hundred points. All strategies are disclosed in advance; following the guidance is the beginning of eating well. In the crypto world, despite prices fluctuating like a roller coaster and often being jokingly called the "bottomless pit of finance," Lao Chen still firmly believes that with clever strategies and flexible market intuition, one can find their own wealth in this circle.

From the current market situation, Bitcoin yesterday tested highs and then fell back, closing with a bearish candle. The volatility is large, with significant pullbacks from highs. The daily chart closed with a medium bearish candle this morning. After a partial correction from the previous three consecutive bullish days, the rebound on the daily chart has slowed down. On smaller timeframes, the trend remains weak. The 4-hour chart shows a weak rebound that hit the middle band and faced resistance, then broke below the lower band, forming a series of bearish candles. Short-term, the battle between bulls and bears is intense, entering a phase of divergence. There is still a need for adjustment on the short side; bullish attempts may see a slight rebound after a pullback, but with the 4-hour chart breaking below key levels, the short-term trend leans more towards bearishness, further indicating a pullback.

Tuesday morning, Bitcoin can be shorted between 86,500-86,800, with the first target at 84,500.
Ethereum can be shorted around 2,975-3,000, with the first target at 2,850.