2-2 Evening Analysis, still maintaining a high-altitude bearish outlook

The morning strategy was perfectly executed. The Bitcoin and altcoin short positions were closed at 1280 and 95 points profit respectively, securing gains for those who followed. Making profits is that simple—if you can't predict accurately or do well, trust Lao Guo!

Regarding the market, Bitcoin's midday bearish attack continued, with the price dropping to around 74,555, hitting a recent low again; then it rebounded oversold to around 76,580 but faced resistance and fell back, with a second decline exceeding 1,700 points. Although the price rebounded, it was not a reversal. The bears are clearly in control of the rhythm.

From a technical perspective: The 4-hour candlestick chart is fully below the moving averages in a bearish alignment. The Bollinger Bands' three lines are opening downward simultaneously, indicating a clear downtrend; MACD green bars continue to expand, and the KDJ indicator remains flat at low levels without signs of turning. The auxiliary indicators and price action resonate, suggesting bearish momentum has not yet been exhausted. In the short term, the 78,500 level has become a strong resistance, with rebound strength clearly insufficient.

Overall, the current market is in a clear bearish pattern. The best trading approach is to short on rallies, focusing on resistance levels during rebounds to secure short-term profits.

Trading Suggestions:
Short at 78,000-78,300 zone, targeting 75,000—74,500. If broken, look further down to 74,000.