Don't always blame poor trading results on unfavorable market conditions. The market is fair to everyone. Whether you can profit depends only on your judgment of timing and execution ability. Today's price action is a clear example of this. Bitcoin showed a narrow range consolidation at the thousand-point level throughout the day. This morning, we successfully closed a short position near the 70,000 support level at low prices in the range. In the afternoon, when the market rebounded again, we provided short entry strategies at current prices in the first instance—any price above 71,000 could be shorted directly. As expected in the evening, the market pulled back, touching a low near 69,500, and our short positions were executed precisely again. The two positions combined netted us 2,652 points on Bitcoin and 90 points on Ethereum, with stable and profitable exits.

From the current chart structure, after Bitcoin consolidated at intraday highs, the market's panic sentiment is gradually dissipating under the influence of last night's extreme market conditions, with selling pressure continuously increasing above. As previously analyzed, pullback corrections are only a matter of time. The 4-hour level formed a bearish candle with expanded volume, pulling back most of the prior gains. The ratio has broken down through the middle band support and hasn't shown clear stabilization signals yet. The hourly level presents an even clearer bearish pattern, with consecutive declining candlesticks accompanied by simultaneous volume expansion. After market sentiment recovers, shorts regain control. The fast and slow lines together with the KDJ three-line death cross showing synchronization suggests further downside space remains. Therefore, our short bias for tonight remains unchanged; continue to take shorts strategically as opportunities arise.

Bitcoin: Short at 70,000-70,500, targeting 67,600 on the downside.
Ethereum: Short at 2,150-2,180, targeting 2,030 on the downside. #BTC突破71000美元 $BTC