On the hourly chart, BTC has broken below the lower Bollinger Band, and the rebound failed to reclaim the middle band. The short-term trend is clearly weak. Although the KDJ indicator shows low-level blunting, there's no obvious bullish divergence signal. In this case, selling on rebound is a good opportunity to trade with the trend.

The short position from this morning has been profitable. At this level, continuing to short still offers a reasonable risk-reward ratio—no need to chase the exact peak of the rebound. Just place the stop loss at the level where the structure turns weak.

**BTC**
Entry: Short near 72900-73500 (rebound resistance zone)
Target: First target 72000, if broken then 71200
Stop Loss: Above 73800

**ETH**
Entry: Short near 2270-2300
Target: First target 2210, if broken then 2180
Stop Loss: Above 2320

I'm Xiaoqing