Since early this morning, the coin price has been experiencing a slow and steady downward correction, with the current price falling back below the 68,000 level. After a sharp surge in price last night, today's price movement is fully in line with my market forecast given this morning. My approach has always been to provide advance insights, and this morning's real-time trading also achieved precise profit-taking. We led students to short Bitcoin at 69,392 and successfully captured a 1,283-point profit when the price hit 68,109, again accurately hitting the target. After a simple adjustment, our market intuition has returned to peak performance. For those looking to quickly increase their positions in recent markets, I suggest following this strategic rhythm.

Looking at Bitcoin on the four-hour chart, a large bullish candle rapidly pushed the price above the upper band, then a series of long upper-shadow bearish candles appeared, quickly correcting and repairing the chart. This also indicates strong resistance at the 70,000 level. Although yesterday’s strong rally significantly stimulated the previous downward trend, the short-term trend remains mainly corrective. The three lines of the four-hour KDJ are currently converging downward, forming a death cross, suggesting the correction trend will continue further.

On the short-term hourly chart, after a period of sideways consolidation with high volatility, the price formed several small bearish candles, then retraced below the middle band. The long upper shadows on the candles show intense battles between bulls and bears around the middle band. Ultimately, the price successfully broke through the middle band, gradually opening up more space downward. The short-term strategy remains bearish, and it’s advisable to participate in high-position rebounds for shorting.

For Bitcoin, short around 68,300, watch near 67,000. For altcoins, short around 2020, focus near 1920.