Thursday Dragon Thoughts Sharing

Last night, Bitcoin and Ethereum experienced slight pullbacks, and the overall weak market pattern has not changed. On the 4-hour chart, although the price has re-entered the consolidation range, it has not been able to effectively break through the middle axis of the range, indicating that the current rebound is more of a correction and has not formed a true reversal structure. The short-term continuation remains doubtful.

From a technical perspective, until the 4-hour chart stabilizes above the middle axis of the range, a substantial trend reversal is unlikely. Only a volume breakout and stabilization above the middle axis, with the price operating above it, could change the oscillation structure. Otherwise, all rebounds should still be treated as weak.

Bitcoin's highest rebound yesterday reached around 69,988 but faced resistance and pulled back again. The 70,000 psychological level remains a clear resistance. Short-term momentum is insufficient, and shorting on rebounds remains the main strategy.

Trading suggestions:

Bitcoin: Short around 69,000, target 67,500, and look at 65,000 for a swing trade.

Altcoin: Short around 2,080, target 1,980, and look at 1,800 for a swing trade.

The strategy remains unchanged—go with the trend. #特朗普宣布新关税政策 #Gate广场发帖领五万美金红包 #当前行情抄底还是观望？ #美国CLARITY法案推进 $BTC $ETH