On Tuesday, the intraday market has already completed its movement. As of the time of writing, the market is not fluctuating much and is showing a consolidation after a bottoming out. Let's briefly review the intraday market: the price ratio provided a certain rebound recovery since early Tuesday morning but faced pressure and fell back. The intraday market has continued to show a structure of oscillating downward, and in the evening, it encountered a bearish breakout with increased volume. The price ratio once again tested the breakout level around 106300, and currently, it has retraced to around 105500, facing resistance. Ethereum, relatively speaking, has not shown much volatility, but its movement has also been consistently declining, with a minimum retracement to around 2405 facing resistance. Today's strategy can be described as a guiding light, the standard answer in an exam; even with the streetlights set up, one can still go off course, and if the answers are right in front of you but you can't copy them, how can you win every battle for a comeback?

Currently, from the perspective of the market, the volume of bulls and bears is very clear. After a prolonged high-level consolidation, the bottom of the converging triangle has broken, and the bulls and bears have clearly differentiated directions. The short-term rebound is still a corrective rebound after a deep adjustment. The current bullish volume rebound is merely a phase for the bearish volume to build momentum. This phase of rebound, where the previously stubborn support level of 106300 has turned into a resistance level, indicates that the overall trend still has further room to decline. The previously tested low point at the bottom, which we are concerned about in the long term, is still the strong support at around 104500. Looking at the four-hour chart, the current market is showing a downward structure. After breaking below the lower Bollinger Band, it has entered a downward trend with an opening adjustment. This breakout is about to lead to a downward structure, which is moving down through oscillation rather than the previous sharp rises and falls. Currently, the signals of weakness are clear, and the bearish rebound strategy can still be further extended, with the target still looking at the previous long-term target level of 104500. After being deeply tested in the evening, the short-term oscillation strategy can also be adjusted step by step.

You can short around 106300 for Bitcoin, targeting 104500. For Ethereum, you can short in the range of 2420-2440, looking at 2400-2370.

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The strategy does not have real-time applicability; please refer to it cautiously for entry. There are risks in entering the market, and investment should be done carefully.

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