Don't envy others' highlight moments; those are countless times you've gritted your teeth and persisted unseen. Keep silently building strength where others can't see, stay clear-headed during market frenzy, and you'll be able to calmly realize profits when the trend arrives. After a slight rebound and correction over Saturday and Sunday, Bitcoin and Ethereum both broke down and continued to fall sharply on Monday morning, extending last Friday's rapid decline. Bitcoin broke below last Friday's bottom at 65,500, with the lowest touching 69,918, then rebounded but faced resistance at around 67,043. Ethereum also initially broke down in the morning, then rebounded after hitting bottom, breaking below last Friday's 1,966 support, falling to around 1,936 before stopping and bouncing back. The highest rebound reached around 2,023, facing resistance. Brother Jin had already analyzed the market early in the live session multiple times this week. Whether it was the bearish outlook or the predicted bottoming risks, all have been fulfilled. Since the call to short in the early morning live session, Bitcoin's decline has exceeded 1,500 points, and Ethereum has dropped over 60 points.

From the current market situation, the weekly chart shows two consecutive bearish candles with long upper shadows and closing lower, indicating a tendency to continue the three-week downward correction. Last week’s rally and subsequent decline show that there is still a need for adjustment this week. The weekly adjustment space is usually quite large; after the technical structure adjusts and the high-position bulls take profits, a quick reversal occurs. Last Friday, we repeatedly mentioned in the live session that the current price and swing short positions yielded substantial gains of over 2,000 points. Given the ongoing adjustment trend at larger levels, there are still swing trading opportunities for bears this week. On the 4-hour chart, the market appears weak, with lows continuously being broken and previous support levels breached. The small cycle shows a weak unilateral downtrend. After hitting the bottom and bouncing, the market is consolidating, which is still a correction of the trend. For intraday trading, continue to follow the rebound and short opportunities.

On Monday, short Bitcoin at 67,700-67,500, with a short-term target of 66,000. For swing trading, watch for a break below 65,000, with a mid-term target of 63,100. Short Ethereum at 2,050, with a short-term target of 2,000-1,950. For swing and mid-term, focus on 1,850-1,834. image:11540
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