The ups and downs in the crypto world make mindset king—patience wins over sharpness. Don’t get lost in short-term price swings, don’t let greed or luck wear down your resolve. Hold the bottom line of your principal, anchor to long-term trends, keep a steady pace, and win by moving slowly and consistently. Bull and bear cycles are the norm, volatility hides opportunities. Steer rationally without blindly following others; stay calm and persistent, and you’ll eventually see dawn. Every bit of composure and perseverance paves the way for gains across cycles. Bitcoin/Ethereum short positions during the daytime session were successfully taken, and in fact, several consecutive trades last night also yielded decent profits. The current market is in a rebound phase—watch for resistance at the intraday highs and wait to short after the market pulls up. Pay attention to the 88,000 and 3,000 support levels below. In the intraday trading, Bitcoin positions earned over 1,275 points! Ethereum positions captured over 66 points as well!

The Bitcoin chart now clearly shows a bearish pattern. On the 4-hour timeframe, the price has repeatedly failed to break through the 92,262 level, showing classic momentum exhaustion and a long bearish reversal candle. Subsequent rebounds haven’t reclaimed the large bearish candle, indicating that selling pressure above remains persistent and effective. Switching to the 1-hour chart, you can see lower highs forming, with each rebound quickly swallowed up. The candlesticks show a weak descending structure, which is a technical correction after a breakdown, not a bottoming signal. Overall, the market remains in a bearish continuation phase, with no signs of reversal yet. Short- to mid-term strategies should remain bearish.

Follow Gong Zhonghao: Changsheng Looks at the Trend

Trading recommendations:
BTC: Short near 90,500, target 88,500
ETH: Short near 3,150, target 2,900

$BTC $ETH