Throughout the day, the overall market maintained a weak downward trend. Regardless of Bitcoin or Ethereum, both maintained a consistent short bias in terms of actual positioning, especially after multiple failed rebounds to break through resistance, the bears decisively released selling pressure. Bitcoin gradually declined from above 70,000 and touched a low near 68,750 in the evening, while Ethereum continuously fell from above 2,230 to near 2,098. The overall profit-taking situation was quite ideal. Therefore, trading often isn't about who sees the move faster, but rather who can maintain patience when the direction is clear. The market never betrays those who are prepared, and every stable profit realization is the result of long-term rhythm accumulation.

Regarding the current market situation, examining the 1-hour and 4-hour structures, Bitcoin overall remains operating within a weak downtrend channel. Highs continue to decline during rebounds, indicating selling pressure persists above. Currently, the 70,000 area remains the primary short-term resistance zone. As long as price cannot firmly hold above this level, there remains the possibility of continued downside testing. The key focus is on the absorption strength around 69,000 in the near term. Ethereum's current structure is similarly weak, with clear pressure above 2,140. While the market shows slight recovery, overall rebound strength is insufficient and lacks effective volume increase, indicating that bearish control remains unchanged. Operationally, it remains prudent to maintain a rebound short bias going forward, waiting for price to approach resistance zones before entering strategically. #Gate13周年全球庆典 $BTC