The afternoon market overall did not experience significant volatility. After retracing to the 66,000 level at midday, the market stopped falling and rebounded, leading to a phase of correction. Bitcoin temporarily recovered to around 66,800 but faced resistance and pulled back, currently consolidating near 66,000. Ethereum recovered to around 2050 in the afternoon but faced resistance and pulled back, currently consolidating near 2020. The afternoon short positions were closed out in the evening, netting 800 points for Bitcoin and 30 points for Ethereum. To determine if the trend is reversing, pay attention to key levels. Professionals do professional work; if you’re not good at it, follow this side. As the saying goes, what you need is exactly what I am good at.

From the current chart, after retracing to 66,000 in the four-hour timeframe, a phase of rebound occurred. The further retracement in the afternoon saw the price consolidate around 66,000, currently trading near the lower Bollinger Band. The key focus moving forward is whether the price can stabilize and break through the 66,000 level. Based on the current consolidation, there is an intention for further retracement and breakdown. The fast and slow lines have already broken below zero, indicating potential for further continuation. On the one-hour chart, the market has shown a bearish weakness with further retracement. The Bollinger Bands are in a downward structure and have already broken down. The low point from Monday’s retracement suggests continuing bearish outlook.

Bitcoin can be shorted lightly in the 66,500-67,000 range, targeting around 65,000, with a continuation to 63,000 if broken. Ethereum can be shorted around 2030-2050, targeting 2000, with a continuation to around 1960 if broken. #加密市场行情震荡 $BTC $ETH