From midnight to now, the overall trend continues to follow the weak momentum from the weekend. Bitcoin has been repeatedly consolidating near the 70,000 level during the late night hours, with multiple technical rebounds failing to achieve true continuation. The strategy provided earlier remains very clear: layout around high-altitude shorting, avoid blindly chasing longs, and don't look for reversals during corrections. As morning arrived, short-sellers released concentrated pressure, causing prices to quickly drop to a low of 68,189, after which a technical rebound pulled back above 69,000. Ethereum similarly retreated quickly from around 2,150 to 2,045 before entering a correction phase, currently running around 2,115.

The facts once again prove that once the direction is clear, the rest is simply patient waiting for the market to validate it. The market has indeed declined as expected, which already confirms that the previous strategy of shorting from highs is completely correct. Truly stable traders never rush to participate in every fluctuation; instead, they see through the direction in advance, then wait for the market to step by step reach expectations.

From the current chart perspective, although Bitcoin experienced a pullback after the one-hour level dip, the rebound strength hasn't broken through the overhead resistance zone. The four-hour structure remains in a weak correction phase, with the moving average system not completing a true turning point. This indicates the current rise is merely a rhythm adjustment after the decline. As long as key overhead resistance cannot be effectively held, there remains the possibility of further downside tests. Therefore, operationally, maintain bearish bias on rebounds as the primary strategy, and don't easily change direction due to short-term recoveries. Focus on observing price action resistance after rebounds. Ethereum follows the same logic—the current correction strength is insufficient to change the overall weak pattern. Although short-term timeframes show some warmth, the larger structure remains under short-seller control. Continue maintaining the high-altitude short bias, awaiting the secondary downside after the rebound ends. What truly deserves attention on the current chart isn't how high the rebound goes, but whether the shorts can reassert control of momentum after the rebound.#Gate13周年全球庆典 $BTC