The intraday cryptocurrency price experienced a slight correction and recovery, then rebounded again in the afternoon. The low point reached around 6.74 million, and currently, the price has rebounded to near the pullback level from early morning. The short-term correction strategy shared earlier has been validated once again. The short positions established in the early session have been precisely captured for nearly a thousand points of profit. Recently, our real trading account doubling plan has been reignited. For friends looking to quickly escape the current predicament, it might be worth following the trend and giving it a try.

Recently, the overall price movement has been characterized by oscillating upward trends. On the hourly chart, there have been three consecutive bullish candles, rapidly approaching previous highs. However, lacking sufficient stimulation, the upward momentum during the daytime has been weak. The ongoing tug-of-war situation is likely to continue further. After testing the 66,000 support level and bouncing back, the price entered a slow consolidation phase. Compared to earlier market conditions, the degree of bullish and bearish struggle has eased somewhat, but the current market still lacks a clear directional choice. Moving forward, we remain cautious and expect continued consolidation. Adjust your short-term strategies in line with market trends. In the afternoon, our short-term outlook remains focused on a price correction, with opportunities to short on rebounds.

For Bitcoin, consider shorting near 68,800, watch around 67,800; for Ethereum, short near 2,000, and watch around 1,900.