Returning to my hometown this time, every day feels like a drunken stupor. I didn't keep an eye on the market yesterday and just woke up from my hangover. It snowed again in Hubei, and it's beautiful beyond words! Bitcoin's weekly K-line has three consecutive bearish candles. The current price has returned above the lower band, but the MACD is still showing bearish momentum. After last week's significant drop, we are now experiencing a rebound of ten thousand points. This rebound is not a reversal; the indicators need to be repaired, which is very normal. If a bottom is being formed, the market will move with consecutive bullish candles, soaring directly. The market makers never give people time to react. This kind of repeated fluctuation is a horizontal movement that consumes the strength of the rebound. For intraday operations, the focus remains on short positions.

The daily K-line Bollinger Bands are still opening downwards with three bands. Yesterday, a long inverted hammer small bullish candle was formed, with a long upper shadow, indicating heavy selling pressure above. The market is experiencing a slow rise and a sharp drop. Under the prevailing bearish trend, the focus remains on short positions, and it's best to avoid low long positions, or at least minimize them, mainly to avoid being trapped if you are slow to react! This morning, the highest rebound was around 72,300, and it has since retraced. The current price is fluctuating around 71,000. For intraday shorts, the first resistance to watch above is around 72,000. If the rebound does not break this level, the market is likely to weaken. Once it falls below the 70,000 mark, it may easily test the 65,000 level.

For intraday operations, the upper resistance to focus on is 72,000, 73,500, and 75,000. Engage in short positions around these levels, with targets looking down at 70,500, 69,500, and 68,000.

For Ethereum, the upper resistance to watch is the high point of the morning rebound around 2,150, followed by 2,200 and 2,300. Engage in short positions around these levels, with targets looking down at 2,080, 2,000, and 1,900.

Optimistic people see opportunities behind problems, while pessimistic people only see problems behind opportunities. Opportunities will never knock on your door actively, no matter how many years you wait. When you hesitate, the world feels vast; when you bravely take the first step, the world feels small. Without storms, there are no brave wave riders; without thorns, there are no unyielding pioneers. Those who aim for the mountain top never cling to the scenery halfway up the mountain.

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