NanChenOnMarketTrends

From the current structure, the weekly chart's stage-wise top signal is becoming more and more obvious, and the probability of prices breaking above the previous high again continues to decline. After rebounding to the key resistance zone, prices quickly fell back, with heavy selling pressure above, and the bullish momentum for upward attack has significantly weakened.
Combined with candlestick patterns, the daily chart shows consecutive bearish closes that give back the previous gains, indicating insufficient bullish re-attack strength; the long upper shadow on the weekly chart highlights r

The midday market is fluctuating and consolidating, with a slow recovery pace. Bitcoin surged to around 75,200 before facing resistance and pulling back. Ethereum retreated slightly around 2,410. The overall trend remains relatively strong.
Focus on the market's recovery strength; if it fails to push higher, consider shorting. If it dips and stabilizes, go long at low levels, aiming for a second upward move.
One-hour interval is contracting, with the channel narrowing. In the short term, stabilization and rebound are expected. Bullish volume is sufficient, moving averages are trending upwa

In a high-level oscillation pattern, the lack of upward momentum among bulls has long been evident. Adhering to a strategy of mainly short positions and not going against the trend has perfectly aligned with the market rhythm. The market will never disappoint clear logic and firm execution, and profits are realized as expected.

Bitcoin surged in the afternoon but faced resistance and pulled back. Short-term bullish momentum is insufficient, and selling pressure at high levels continues to increase. Currently quoted at 71,680, with limited room for a rebound. Do not blindly chase longs!
The overall strategy remains focused on selling high and buying low. Strong resistance above 72,000 is effective, and rebounds are opportunities to establish short positions.
Trading suggestions:
Bitcoin: Sell in batches at 71,800-72,300 on the rally, add to short positions if it breaks above 72,500. Target 70,300-69,800, with a furthe