The points are still arriving as scheduled, and the market's movements can validate the value of the ideas. The strength of Lao Cai needs no further words; the direction is clear, the points are distinct, and the execution is in place. As long as you keep up with the rhythm, you can gain tangible rewards in each market movement. The market does not deceive; the results are always the best proof.
The four-hour structure of Bitcoin is very clear, with previous highs continuously moving lower. The price comparison has always been operating below the moving averages, which belongs to a standard downtrend. This round has dropped down from above 84,000, breaking through the support level directly to 75,500. Although a long lower shadow appeared, indicating support below, the subsequent rebound's candlestick body is relatively small and lacks continuity, mostly reflecting a technical repair after the decline, rather than a trend reversal. Overall, the four-hour rhythm is still dominated by bears, with weak rebounds and fast declines. Looking at the one-hour level, the previous movement was a low-level consolidation with a small rebound, and the price comparison is oscillating above 78,000, but the rebound is always constrained by the downward moving average pressure, with no volume breakthrough. The market characteristics are that it slowly rises a bit, only to be pressed back down immediately, which is a typical bear resting market. As long as there is no strong volume long candlestick, the one-hour rebound can only be viewed as a repair. From Lao Cai's perspective, Bitcoin is still in the repair phase of the downtrend, with a bearish direction unchanged. There is support below, but the strength is limited; above, the pressure is dense, and the rebound space is significantly constrained, with the operational idea mainly focused on shorting with the trend and not chasing long positions.
Bitcoin short at 80,000-80,500, target around 77,000;
Ethereum short at 2,490-2,520, target around 2,300. #BTC #ETH $BTC
