Reviewing yesterday's BTC price action, the market maintained an overall oscillating rebound pattern with bulls and bears locked in a stalemate. The morning pullback released some selling pressure, while the end-of-day rally showed decent support from below, though subsequent volume may not sustain once upper resistance levels are approached. Overall, the market remains within a rebound channel, but volume has not expanded effectively, indicating cautious investor sentiment. Yesterday's bearish strategy provided precise entry at the market inflection point. As BTC price came under pressure in the early morning, short positions hit profit targets and exited, capturing 1100 points of profit with an ideal risk-reward ratio.

From current market technicals, the daily chart bounce is being suppressed by upper trendline resistance, with RSI turning lower from overbought territory, indicating weakening upside momentum. The 4-hour chart shows divergence at the top with price center of gravity shifting slightly lower. Short-term moving averages have formed a bearish death cross, with bearish pressure accumulating. If key support levels cannot be quickly reclaimed intraday, the downtrend will continue, with primary support focus on the previous low area.

BTC short at 71500-71000, target 69500. ETH short at 2200-2170, target 2080. $BTC $ETH ‌#创作者冲榜