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First published on Weibo, you can follow Weibo Blockchain Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum broke down again last night, directly breaking the previous low points of 62300 and around 2530, reaching a minimum of 60100 and 2410. The trend has shifted from strong to weak, and the current rebound is part of the market repair and consolidation process. The key focus going forward is whether Bitcoin can break through the previous low points of 62500 and Ethereum 2530, which have now turned into pressure levels. If it cannot break through, the market will continue to decline. The recent price action of Bitcoin shows a clear downward trend, especially with last night's significant pullback. A long bearish candle appeared, indicating strong selling pressure in the market. On the technical indicators, MACD has been continuously declining in the 4-hour cycle, with both DIF and DEA in negative territory and the gap widening, showing strong bearish signals.

In terms of operations, enter short positions for Bitcoin around 62000 to 62300, targeting around 60800; for Ethereum, enter short positions around 2500 to 2520, targeting around 2440. Currently, the market conditions are relatively good, recommending altcoins ORD, LPT, SOL, and UNI for swing trading. Specific operations will be based on real-time guidance. For more strategies, please follow Weibo, Blockchain Liang Qiu.

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