Today's cryptocurrency prices have followed the rhythm of the US stock market, showing a continuous slow rebound and repairing the market. After a rapid rebound to around 86,500, the prices entered a prolonged tug-of-war and consolidation phase. After the afternoon's ongoing competitive consolidation and tugging, the current cryptocurrency price has once again initiated a retracement trend. I clearly reminded everyone in the morning thoughts and live broadcast that although the price is in a brief rebound repair phase, we still maintain our bearish outlook. The current price's retracement is still further validating the trading ideas I provided in the morning. We are still holding onto the short position we established above 87,000 during midday, and the strategy remains consistently precise. At this point, there is no need for more words; the market will speak for itself. Do you all think that flipping the account is very easy?

From the four-hour chart of Bitcoin, after a series of significant downward tests, the price has shown three consecutive bullish candles for a rapid rebound repair. It is evident from the small bullish doji candlestick that the short-term trend has undergone a certain rebound, and the repair and consolidation has come to an end. The current price has once again continued its previous downward trend, closing with a bearish candle and probing lower. Although the shorts have shown some reduction in volume, from the overall trend performance of the price, it is still market-dominated, and there is still pressure on the bulls. The movement of falling more and rebounding less has once again solidified the overall downward structure of the current price. Looking at the short-term hourly chart, after the price stopped falling in line with the US stock market rhythm, it has shown a continuous slow rise and rebound repair. After ongoing repair and consolidation, the current price has once again started the retracement rhythm, moving back towards the middle track. Currently, the short-term bulls are rapidly reducing volume, and the KDJ three-line indicator is accelerating downwards. The downward rhythm of the price still has a further continuation trend; we continue to hold a bearish outlook.

Short position near 87,000 for Bitcoin, focus on around 85,500; short position near 2,800 for Ethereum, focus on around 2,700. #BinanceBlockchainWeek #加密市场观察 $BTC $ETH $SOL