Core Judgment:

The market exhibits a clear bearish structure, with insufficient rebound momentum, maintaining a generally weak and volatile pattern. From a technical and cyclical perspective, although there is a technical rebound expectation for the day, the upward space is limited, indicating a weak correction. In terms of trading, adhere to shorting on rebounds and trend-following strategies, strictly controlling position size and risk management.

BTC Trading Strategy:

- Entry: Short in batches as the rebound reaches the 68,500–69,500 range

- Target: First aim for 66,500; if it effectively breaks below and confirms continued decline, further downside towards below 64,500