Wednesday Early Morning Bitcoin and Ethereum Trading Strategy:

Integrity is the bottom line of trading, discipline is the guarantee of profitability, not risking your principal, not blindly following trends, and being responsible for every single trade—this is the king's way to long-term survival in the crypto space. Tuesday's market movement was relatively slow, spending most of the time in consolidation with limited space. Bitcoin's highest rebound reached 71377, then faced selling pressure. Evening shorts broke through consecutively, with the lowest drop to around 69281. Ethereum had even smaller space, with the highest rebound at 2174 before turning lower. Evening saw further decline but at a slower pace, currently at the lowest around 2117. In the trading idea given early Tuesday morning, the primary strategy was rebounds as selling opportunities, and the market moved as expected. Early morning Bitcoin short positioning around 70900, evening precise stop profit target at 69500, gaining 1400 points. Ethereum short around 2162 during the day, evening exit signal at 2125 with a small profit of 37 points.

From the current chart perspective, the daily level has broken through the mid-band again with a bearish candle breaking the 70000 level. Currently trading below the mid-band with renewed weakness in the short term. On the 4-hour level, a double top has formed multiple times with long upper wicks, upper band resistance successful, price showing three consecutive bearish candles and breaking down. Regarding news, Middle East geopolitical tensions have basically exhausted their positive catalysts. News-driven moves are characterized by being short, frequent, and quick—the impact of news is temporary and will gradually weaken on subsequent price movement, ultimately reverting to technical patterns. Moreover, this entire rally was completed in a short timeframe with significant gaps—like building on sand, no matter how high you build, an unstable foundation will eventually collapse. Therefore, after this rebound, we cannot avoid a pullback. Medium-term, Bitcoin targets 66000-65500 (unchanged). Ethereum medium-term targets around 1900 (unchanged).

Early Wednesday morning, Bitcoin around 70000-69800 can go short directly, short-term targets focus on 68500-68000.

Ethereum around 2150-2140 can go short directly, short-term targets focus on 2050.