What is large in order and small in reverse? Here comes a typical case!

Since the rebound from 81K, both BTC and ETH have formed a standard ascending channel on the hourly chart. How should we play this channel?
On a small scale: This is the upward channel on the right side, where you can buy low and sell high around the upper and lower edges. Whenever the channel structure is broken, it's time to change your mindset.
From the 4-hour or higher time frame, this ascending channel can be seen as a flag structure of a medium-term downtrend. In medium-term trend trading, the strategy is to look for short positions in the upper region. When a strong breakout channel at the 4-hour level forms, that will be the time to exit and change the strategy.
The above is the application of trading in terms of structural form.
In addition to looking at the structure, we also need to consider the market data. Over the past few days, during the upward movement of the bottom channel, the trading volume has weakened, the CVD has not risen in sync, and the OI has risen steadily, indicating a process of long and short competition.
According to the principle of "following the larger trend and countering the smaller trend," follow the mid-term downward trend while countering the small-scale upward channel trend. Placing short positions at the upper edge of the channel when the price is high is the application of "following the larger trend and countering the smaller trend."
This is also the thinking in the trading plan for these few days, continuing to short within the range of 88.8K-89.6K during the day, adding positions at the upper limit of the extreme channel at 90.6K, and only breaking below 85.3K would indicate a break of the channel to look for new secondary bottom structure support. The shorting area for Ethereum, in sync with Bitcoin, is in the range of 2980-3040.
If there is a strong breakout above 91K in 4 hours and it remains stable during that period, it will be necessary to adjust the bearish mindset and switch to a primarily long position.
$BTC $ETH