In the past two days, $BTC and $ETH have shown highly consistent trends, both typical of a continuation market after a trend breakout. The Bitcoin first broke its ascending structure, falling below key support and entering an accelerated downward phase. Yesterday's rebound was very weak; it was just pushed down when it reached a high, clearly a trap for the bulls. There are still no signals of a stop in the daily level, and overall it remains dominated by bears.

ETH is the same; I just entered a short position near 2938. The rebound lacks volume, and the moving averages exert clear pressure. Each retracement seems more like giving the bears a chance to reload. There might still be a small rebound in the short term, but the space is limited, making it a better position to add shorts. Currently, I do not recommend bottom fishing; the strategy is clear: continue shorting on the rebound and follow the trend.

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