After the evening market rebound to a high level, we once again accurately called the top and set up short positions. As of now, the price action has not yet moved out of the ranging market, and for a one-direction trend we still need to patiently wait for a clear breakout signal.

From a technical perspective, after the price breaks below the midline, it is moving toward the lower band in line with its momentum, and the bulls’ counterattack strength is relatively weak. In the short term, keep the idea of going short on rallies for quick trades. When placing trades on the spot, stay flexible and don’t be too rigid. Watch how the support level below is being probed—if it can’t hold, it will further open up downward room.$BTC $ETH