Looking back at today's BTC price action, the overall rhythm remains constrained by consolidation and downside pressure from higher levels. After completing a recovery at lower levels in the early morning, the price gradually probed upward, touching above 71300 in the afternoon. However, after the probe, no genuine breakout was formed. Instead, after facing resistance at higher levels, it gradually entered a profit-taking phase, falling back below the 70000 level in the evening. This indicates that selling pressure from above persists, and intraday bullish moves are largely just cyclical rebounds rather than a true trend reversal. ETH moved in sync, oscillating largely around 2140, with some upside attempts in the session, but clearly insufficient buying support near 2170, followed by a gradual pullback to organize around the 2130 level. Those following me know that my intraday positioning has consistently revolved around a bearish bias at rallies. Whether it's BTC's resistance after rallying higher or ETH's pullback after rebounding, the rhythm in my positions stays synchronized, and profits have consistently remained within expected ranges. The most realistic aspect of the market is that it won't provide answers just because someone has been watching longer, nor will it voluntarily give concessions just because someone has been waiting longer. Those who truly make it to the end are often not those who make the most trades, but rather those willing to be decisive when they should act and restrained when they should pause. Executing one conviction properly is far more valuable than repeatedly trial-and-error attempts.

From the current chart structure, BTC's 1-hour cycle highs are beginning to decline sequentially, with short-cycle rebound strength continuing to weaken and the Bollinger Band middle band providing repeated resistance—indicating sustained selling pressure from above. Although the 4-hour level is still within a consolidation range, the continuation after rebounds is clearly insufficient, with each upside surge accompanied by diminishing trading momentum. This structure is essentially typical of weak recovery rather than a strong reversal. Current short-cycle moving averages are beginning to realign downward, with short-term bears gradually seizing the initiative. As long as we cannot effectively re-establish a stable position at short-cycle key resistance zones, the chart will continue to see weak, range-bound action. ETH is showing even greater weakness than BTC, with rebound highs in the 1-hour structure similarly failing to break out, consistently trading below moving average resistance—indicating low capital absorption willingness. The subsequent trading approach remains clear: continue favoring short on rebounds, awaiting selling signals after bounces to follow through, avoiding chasing shorts at lows, but remaining firmly bearish on direction. #Gate13周年全球庆典 $BTC