The intraday market aligns with Lao Hu's strategy expectations, as it has declined to around 86700 as anticipated. The short position entered at 88000 in the early morning has already secured over a thousand points in profit before exiting. The current market continues to show weakness, with a series of consecutive declines on the daily chart; after a brief correction, prices are once again moving lower, testing the crucial support area at 86000. Although there has been a temporary halt in the decline at this level, the rebound strength is weak, and no effective recovery has been formed, maintaining an overall bearish dominant weakness in volatility.
The volume-price structure exhibits typical bearish characteristics: during the decline, trading volume increases significantly, showing notable signs of capital outflow; during the rebound phase, volume shrinks, indicating weak bullish support, and market sentiment tends to be cautious, with selling pressure quickly emerging at highs. The current bull-bear contest is intense, and a slight misjudgment could lead to a passive situation. If you lack the ability to assess real-time market conditions, find it challenging to respond to market changes, or feel confused about the bullish or bearish direction, it may be wise to follow Lao Hu's rhythm. A rational choice this time might bring you some change. $BTC $ETH


