Good afternoon, everyone. Woke up to find the world had fallen apart—Bitcoin is still around yesterday’s price, but why has my account balance decreased? However, yesterday’s market analysis already hinted at Bitcoin’s script: after a spike to 73–74K, a rebound would follow. This morning, the low hit 73.3K—those who went long in this range are already in profit. Ethereum took the biggest hit during this drop; Bitcoin only fell over 3%, while Ethereum plunged more than 7%—nearly double Bitcoin’s decline. It’s time to shout the classic mantra again: When markets crash, always consider shorting Ethereum. From the chart perspective, Bitcoin’s overnight dip seems to have run its course. Now we watch for the strength of the rebound. There are still key data releases this week—so long as Bitcoin doesn’t break below 72K–71K, a rebound is likely. This week, watch three key rebound levels: 76.5K, 78.5K, and 80.8K. If we reach the latter two, consider lightly shorting. Join me live tonight at 8:15 PM for the full breakdown. $BTC: Today’s rebound target is 75,500. Only if price closes above this level on the 4-hour chart will a rebound begin. Light short above 76,800; add to shorts at 78,000–79,350; stop loss at 80,500. Light long below 73,500; add to longs at 72,000–70,500; stop loss at 69,500. $ETH: Today’s rebound target is 2,170. Only if price closes above this level on the 1–2 hour chart will a rebound begin. Light short above 2,215; add to shorts at 2,255–2,300; stop loss at 2,320. Light long below 2,120; add to longs at 2,085–2,050; stop loss at 2,030. $BNB: Today’s rebound target is 693. Only if price closes above this level on the 4-hour chart will a rebound begin. Light short above 705; add to shorts at 718–733; stop loss at 740. Light long below 680; add to longs at 668–655; stop loss at 650. $SOL: Today’s rebound target is 88.5. Only if price closes above this level on the 4-hour chart will a rebound begin. Light short above 91; add to shorts at 93.8–97; stop loss at 98.5. Light long below 85; add to longs at 82.5–80; stop loss at 78.5.
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