From midnight to now, the overall trend continues the weak momentum from the weekend. Bitcoin has been oscillating repeatedly around the 70,000 level throughout the midnight session, with multiple bounces failing to produce any true continuation. The strategy provided earlier has remained very clear: position short around high levels, avoid blindly chasing longs, and don't look for reversals during corrections. As morning approached, bears released pressure intensely, and the market quickly dropped, touching a low of 68,189, after which a technical rebound brought it back above 69,000. Ethereum similarly pulled back rapidly from around 2,150 to 2,045 and then recovered, currently running near 2,115.

The facts once again demonstrate that once the direction is clear, what remains is patient waiting for the market to deliver. The market declining as expected has already proven that the previous strategy of shorting around highs was completely correct. Truly stable traders don't rush to participate in every fluctuation; instead, they identify the direction in advance and then wait for the market to move step by step into their expected scenario.

From the current chart perspective, although Bitcoin shows some recovery after the one-hour decline, the rebound strength hasn't broken through the upper resistance zone. The four-hour structure remains in a weak recovery phase, and the moving average system hasn't completed a true inflection, indicating that the current rise is merely a rhythm adjustment after the decline. As long as the key resistance area above cannot establish itself firmly, there remains the possibility of further downside testing later. Therefore, the operation strategy ahead remains primarily shorting on bounces, not lightly changing direction due to short-term recoveries, with focus on resistance performance after rebounds. Ethereum is similar—the current recovery strength is insufficient to alter the overall weak structure. Although short-term cycles show some warming, the larger timeframe structure hasn't escaped bear control. The subsequent strategy remains maintaining short positions at highs, waiting for the second downward pressure after the bounce ends. What truly deserves attention on the current chart is not how high the bounce goes, but whether the bears can regain control of the momentum after the rebound. #Gate13周年全球庆典 $BTC