Tuesday Afternoon Outlook: Continued Volatility, Cooling Off for Repairs, Bearish Sentiment Unchanged.

Currently, the market remains within a consolidation range, with the momentum for the earlier rebound and correction clearly slowing down. Bitcoin is gradually filling the decline during trading, with the price regaining the 88,000 level; Ethereum is also warming up, maintaining high-level oscillation after returning above 2,900. Overall, after the initial release of bearish pressure, the market enters a technical rebound phase, but the pace of the rebound is slow, and the strength is limited, so a trend reversal is not yet supported.

From a correlation perspective, last night's strength in the US stock market provided some support to risk assets, leading to a recovery in the crypto market. However, currently, it is mainly emotional and technical correction, with insufficient volume and capital flow to sustain further upward movement, and upward pressure remains clear.

Trading Strategy: Maintain a high short position in the afternoon
Bitcoin: Watch for resistance in the 88,600–89,000 range to short, with targets at 87,000–86,000.
Ethereum: Rebound near 2,950, look for short opportunities, with targets at 2,880–2,850.
In a choppy market, avoid chasing rallies; execute trades when rebounds occur accordingly.