BTC has been moving down in a choppy trend after a short-term pullback, finally finding support around 78754 and bouncing back. Yesterday, it broke through 80300, establishing a short-term uptrend. Currently, the market has made a second pullback after the rebound, falling back below 80000, with clear signs of waning bullish momentum. If it can't reclaim 80300, the upside potential will be capped, and it's highly likely we'll return to a choppy downtrend.

On the four-hour chart, the MA5 and MA10 moving averages have both turned downward, and a bearish crossover has formed on the MACD at high levels, with selling pressure continuing to diverge. The KDJ lines have also turned downward from high levels, entering a corrective phase. Overall, the bearish trend currently dominates, so the strategy should focus on shorting during rebounds, while cautiously trying longs at key support levels.

BTC contract trading advice:

Short position: Enter around 80300-80600, target 79200-78800, stop-loss around 81000.

Light long position (only testing): Enter around 78700-78500, target 79800-80000, stop-loss around 78200.

ETH is following BTC's downward fluctuations, hitting a low around 2233. It then slightly rebounded but failed to hold above 2280. Currently, it's back in a weak downtrend, overall weaker than BTC, with insufficient rebound strength. Bullish momentum has significantly waned, and there's heavy sell pressure above. In the short term, expect a continued downtrend unless it breaks the 2270-2290 resistance.

On the four-hour chart, the MA5 and MA10 are in a bearish arrangement, with MACD showing a death cross downwards. Bearish volume continues to expand, and KDJ's three lines are turning down from a high position, indicating a correction phase. Overall, ETH's bearish trend is clear; focus on shorting during rebounds, and consider light longs when retesting key support.

ETH contract trading advice:

Short position: Enter around 2265-2280, target 2230-2210, stop-loss around 2300.

Light long position (only testing): Enter around 2210-2200, target 2250-2270, stop-loss around 2180.

The above analysis is for reference only. For ultra-short trading, please strictly manage your risk and trade cautiously. Profit and loss from following trades are at your own risk, and please manage your profits carefully in swing trades. Posts may have delays; for specific entry and exit points, refer to real-time market conditions.