# Market Review

Looking back at intraday action, after yesterday evening's close, the price entered high-level consolidation. Intraday movement continued the previous oscillating trend. After the sideways consolidation ended, the price initiated successive sharp pullbacks in the evening. Today's intraday pullback momentum accelerated further, with the price quickly probing down to 70,800 before entering a ranging stage. Currently, the price continues to trade around 71,000. Reviewing today's live trading, operations were primarily based on day-session ultra-short-term range strategies. The 72,400 BTC short position initiated following the evening trend precisely captured 1,254 points of profit, while ETH shorts simultaneously captured 54 points. Execution determines your returns. Hesitation leads to defeat; decisiveness reigns supreme. Those who understand eat meat; those who don't understand watch the show. Faith brings wealth; doubt brings poverty. Markets are ever-changing; trend is always king.

## Four-Hour Analysis for BTC

After alternating between fragmented bearish and bullish candles, the price produced two consecutive large bullish candles that quickly fell to the lower band, directly breaking the previous oscillating uptrend pattern. The price has broken through the triangle consolidation to the downside. Currently, bearish momentum continues to strengthen, with KDJ accelerating downward divergence. The larger timeframe price will continue the previous box consolidation pattern. On the short-term hourly chart, the price is retreating on successive large bearish candles, subsequently consolidating around 71,000. Currently, the Bollinger Bands are opening downward rapidly, MACD bearish momentum continues to strengthen. After successive sharp pullbacks, the price shows no obvious rebound but enters current low-level sideways consolidation. Combining the current strong downtrend, after the ranging consolidation resolves, we continue to monitor price pullback trend continuation. Continue bearish bias unchanged; participate on rebounds for shorting opportunities.

## Trade Setup

**BTC**: Short around 71,400. Watch 70,000 first; if broken, continue lower to 68,000.

**ETH**: Short around 2,180. Monitor 2,120; if broken, continue lower to around 2,050.