Where do so many bulls come from? The bear is not over yet!

Whether it's the daily chart on a large scale or the 15-minute short-term chart, the Bitcoin bear market structure is clear, and the downtrend is far from over!

The daily chart shows a long-term downward channel, with highs decreasing repeatedly and lows constantly being refreshed—typical bear market decline pattern, with no signs of reversal. The short-term 15-minute chart repeatedly tested the strong resistance at 73,500 but failed to break through; it rises sharply then falls back, and the rebound is just a trap to lure in buyers. The bulls are simply powerless!

Adding to this, the uncertainty of Middle East conflicts and geopolitical risks could ignite the market at any time, further suppressing risk assets; combined with rising CPI, the Federal Reserve's rate cut expectations are repeatedly postponed, and the willingness to buy longs is severely lacking. No new capital is entering the market, so a large-scale rebound is impossible to sustain!

Every rebound in a bear market is an opportunity to sell high!

Don’t blindly buy the dip, don’t chase the high, and don’t be fooled by short-term rebounds!

The only strategy is: rebounds are for shorting, focus on selling high, don’t fight the trend, don’t hold onto losing positions, and stay safe!

Next, continue to defend the strong resistance at 73,500, and sell in batches on rebounds between 73,000 and 73,500, targeting 71,800 to 71,300. If broken, look further down! This week’s swing target is directly aimed at the 67,000–65,000 range.

A bear doesn’t speak of bottoms; stay steady and cautious. Wishing everyone every trade to be safe and sound! $BTC $ETH #美伊停火协议谈判再生变故