Many people ask:
Can I still buy near 80,000? Is a rebound about to happen?

Hai Ge's opinion:
👉 This is not an opportunity zone, but a pullback area within a bearish structure.

I. Summary of the trend in one sentence (for those without patience)

The large-scale downtrend has not ended, and the current rebound only belongs to the 'central oscillation during a downtrend', not a reversal.


II. From the perspective of the Chen theory: The structure is already very clear.

Get straight to the point, no emotions.

1️⃣ Large scale: The trend has already turned downwards, starting from 98k is a daily level decline, the internal structure is in the third yellow pen downtrend of 4h, and the internal structure of the 4h downtrend is incomplete, currently just the first central area.

2️⃣ Current structure: the central position in the 4h downtrend

What you see 81K–84K fluctuations:

  • The essence is not building a bottom

  • but is a central consolidation in a downtrend

Where the central position is determines it is:

  • Pullback in an uptrend?❌

  • Continuation in a downtrend?✅

It is now very clear that it belongs to the latter.

3️⃣ MACD: Has it diverged?

Many people like to stare at MACD and ask:

"Are we about to see a divergent rebound?"

Pay attention to several details:

  • The current MACD is still below the zero axis

  • Red and green bars are expanding, bearish momentum has not weakened

  • Even if a short-term divergence appears, it only supports a rebound, not a reversal

So:
👉 Maximum rebound, not a reversal

Three, key price levels: the 'working area' of bears

Combine structure and volume, focus on👇

🎯 Upper resistance area (short selling observation point)

  • 83,500 – 84,500

Here is:

  • Upper edge of the downtrend central position

  • It is also the place where emotional bulls are most likely to 'think they have hit the bottom'

🎯 Lower target area (trend direction)

If the structure continues, the downside is not complicated:

  • 80K: emotional support level

  • 77K – 75K: trend target area

This is not a random guess; it is the result of a natural deduction from the structure of Chan theory.

Four, trading thoughts (only discussing what can be executed)

❌ Do not chase the rise
❌ Do not catch the bottom
❌ Do not guess the bottom

Only do one thing:

✅ During the rebound, wait for structural confirmation, short in the direction of the trend

Trend trading has never been about 'getting it right once',
but about repeatedly taking action in the right direction.

Five, trading insights

The market will not bottom out because of your panic,
nor will it reverse because of your bullish view.

The structure is not complete, all 'good news' is just noise.

Six, Brother Hai specializes in short selling, likely profitable if you short with me in 2026

If you want to learn systematically: Follow Brother Hai on Binance Square

  • How to use Chan theory to judge 'rebound vs reversal'

  • How to steadily short in a downtrend

  • How to avoid emotional trading