May you stay clear-headed amidst volatility, accumulate strength during downturns, let every position be rooted in cognition, and every decision be loyal to rationality. The market will eventually reward those who stay true to the essence and move forward steadily, and your dawn might be just around the corner of the next cycle. On Monday, the market first rose then fell; Bitcoin initially pushed up supported by 88,000 in the early session, reaching a high of 89,940 before facing resistance and declining; Ethereum followed suit, climbing from a low of 3053 to a peak of 3170 before retracing, with the overall trend closely aligned with Bitcoin.

Bitcoin's rebound yesterday morning was a classic trap of false signals, with a brief surge followed by sideways consolidation, then a sharp decline at night. From the 4-hour chart, the Bollinger Bands remain open downward; although a bullish candle later partially recovered some losses, such rebounds are limited and cannot shake the overall downtrend. Looking at the 1-hour timeframe, the market remains dominated by bears, with Bollinger Bands converging downward; even minor technical rebounds during this period do not change the current downward pace.

Follow Gong Zhonghao: Always Win, Observe the Trend

Trading suggestions:
Bitcoin: Around 87,000, target 84,000

Ethereum: Around 3050, target 2800