Nearly 100K $ETH net taker spot sells since the local $2,350 top

【$BTC】Short, whale outflow/structure breakdown/weak rebound $BTC The chart appears to be struggling around 70k, but the 4H timeframe has already broken below the EMA20/50 dual moving averages, which is a clear signal of weakening mid-term structure. Whale capital continues to flow out, with obvious hesitation from buyers on rebounds. Every rally is pushed back by selling pressure. Chasing highs at the current level carries greater risk than reward; patiently waiting for rebound exhaustion is the more prudent choice. 🎯 Short🛡️ Scale in gradually, add on rebounds⚡ Entry: 70500-71000 zone🛑 Stop loss: 71800🚀 Target: First target 68500, second target 66500 View real-time chart 👇 $BTC --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL ‍#Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变

Bitcoin faced pressure near 71,600 yesterday and broke down to a low of 68,800 as expected in the evening. Our high short strategy was executed precisely yesterday. From a technical perspective, the consolidation and downtrend momentum is clear, with consecutive lower lows and a complete downtrend structure. Three consecutive daily red candles accompanied by increased volume, with market sentiment fully turning bearish and sustained selling pressure. Four-hour chart showing eight consecutive red candles, with rebounds only representing weak recovery attempts. The hourly oscillation midpoint continues to decline, with dense resistance overhead. Short-term minor-level pullbacks are technical corrections that are difficult to reverse—essentially bullish accumulation laying groundwork for further downside exploration. Bitcoin short near 70,800-71,500, targets 69,600-68,000 Ethereum short near 2,180-2,220, targets 2,100-2,030$BTC $ETH