The market trend has arrived as expected, aligning with the forecast approach.

A year has passed in the blink of an eye; a year in the cryptocurrency world goes by really fast. Looking back at this year's market trends, it first continuously rose in a bull market from around 70000, soaring to 126000. At that time, many illusions appeared, with major capital, influencers, and institutions predicting it would rise to 150000–200000. As a result, after reaching 126000, it quickly retraced and fell back to the starting point, or even lower.

Currently, the key question is where the bottom of this bear market lies? I believe most friends are already waiting to buy at the bottom, but this is absolutely not the time to do so; we need to continue to wait patiently.

4-hour structure: After the last continuous decline, there was a small rebound from overselling, followed by continued consolidation below 70000. The overall trend still maintains a bearish outlook, with the Bollinger Bands continuing to open slightly downwards, the rebound strength is weak, and the volatile market is expected to continue.

Thoughts:
The main direction remains bearish, with small cycles focusing on high short and low long positions, taking short-term points to get through this consolidation phase.

Bitcoin: Short at around 68500 during the rebound, long at around 65800 during the pullback.
Ethereum: Short at around 2020 during the rebound, long at around 1890 during the pullback #CZ币安广场AMA #易理华割肉清仓 #黄金白银反弹 #美国伊朗对峙 #美国零售数据逊预期 $BTC $ETH