There is no calling the bottom in a downtrend.

Looking back at yesterday’s market, bearish sentiment dominated overall, with prices drifting steadily lower in a one-way decline throughout the day. After coming under pressure at the early-session high of 74,771, the bulls showed no signs of a rebound. Prices continued to probe lower in stages, weakening amid volatility and successively breaking below the previous low of 72,600 and the key 72,000 level. In the evening, Bitcoin bottomed near 71,218, while Ethereum also briefly wicked down to around 1,982.
Our strategy remained firm throughout, consistently signaling to follow the trend and enter short positions. All short positions placed in Zhilan’s live trading account were successfully closed in profit. Bitcoin gained a total of 3,489 points over the day, while Ethereum also captured 49 points. Although a few small, exploratory long positions resulted in minor losses, the timing was well managed, and the overall result was still a steady profit.