Turbulence is a constant companion in the crypto space, and volatility is the norm—composure is your foundation. Don’t be swayed by short-term price swings or tempted by quick profits; instead, build your margin of safety through knowledge and patiently wait for value to be realized. By staying true to your principles through bull and bear markets, you’ll ultimately see the market bloom. Good weekend to everyone. This morning, I reminded everyone to short at the highs—I wonder if anyone followed. BTC rebounded to a high of 89,758 and dropped to a low of 89,165. The market is moving slowly, consistently fitting the weekend’s choppy rhythm.



From the 4-hour and 1-hour candlestick charts, after the recent drop, the market remains in a weak consolidation phase: on the 4-hour chart, the rebound is still being suppressed by moving averages, bullish candles are short with long upper wicks, indicating that bulls are not making a strong effort; on the 1-hour chart, after touching a low of 87,976, the price is merely moving sideways with low volume and limited rebound, with moving averages continuing to exert downward pressure. Currently, there are no effective bottom signals, and the market is more likely in a transitional consolidation within a bearish trend. Unless the rebound can break above 89,500, the market will most likely continue its weak downward movement. Overall, the current trend is just a brief pause and correction within a downtrend. The recommended approach is to focus on shorting at the highs after rebounds—don’t bet prematurely on a major reversal. If you go long, keep it to a small, short-term position; the main direction remains bearish.

Follow WeChat Official Account: Changsheng Looks at Trends

Trading recommendations:
BTC: Short around 90,000, target 87,000

ETH: Short around 3,100, target 2,800

$BTC $ETH
BTC2.1%
ETH3.3%
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MengXiaomengvip
· 18h ago
Do tasks, do tasks, do tasks, do tasks, do tasks
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