Over the weekend, Bitcoin consolidated around the 63,000 level, while Ethereum continued to trade sideways with declining volume. The sentiment that rebounded on employment data last week failed to continue building after this week’s inflation data was released, and the market shifted from testing an upward move to low-volume observation. At the beginning of the week, Bitcoin was still fluctuating around 65,000 under the influence of the nonfarm payrolls news, but after entering this week, as inflation data became the focus, the price did not break higher and instead gradually fell from around 65,000 to around 63,000. Ethereum was relatively weaker, and the market entered a phase of waiting for direction. This week, Lao Yang’s strategy focused mainly on shorting at highs. Overall market conditions basically met expectations, and the trading strategy was implemented precisely. In live trading, Bitcoin gained more than 5,600 points in total, while Ethereum provided 264 points of room, and several quick trades during the process also yielded profits. Investing is a long process of self-cultivation: gradually refining your trading system, managing risk well, and staying true to yourself. The market conditions that belong to you will eventually arrive. From the current market structure, Bitcoin is generally in a low-level recovery and consolidation pattern on the daily chart. Neither the bulls nor the bears are willing to act first, the larger-cycle bearish pressure has not yet been fully lifted, and the long-term structure remains bearish. On the four-hour chart, the trend is weak and the short-term market structure favors the bears. The moving-average system has begun turning downward, while the Bollinger Bands are also contracting downward. Unless the price can reclaim the area above the middle band, the bulls will temporarily struggle to regain the short-term initiative. Short Bitcoin in the 63,300–63,800 range, target around 62,000 Short Ethereum in the 1,890–1,920 range, target around 1,850#Gate7月增长Top1 $BTC ‌$ETH ‌

$ETH market is slow

$ETH This is indeed a rather frustrating level. 👀There are buyers below 1,850, while sellers keep dumping above 1,900—1,950. It looks like something happens every day, but in reality, no clear direction has emerged yet. 📈 My conditions for being bullish are simple: I’ll only consider this breakout valid if price breaks above 1,940—1,950 on increased volume and holds after a retest, then I’ll look toward around 2,000. 📉 If the rebound is pushed back down by 1,900—1,950 again, or even falls below 1,850 and fails to reclaim it, I’ll continue to guard against it seeking support at 1,835 and 1,800. I won’t chase a long position because of a single bullish candle, nor will I open a short position early just because price touches resistance. $ETH Volatility isn’t lacking; confirmation is. It’s fine to earn a little less on the first move—I’m more afraid of chasing into a false breakout and getting whipsawed. 🙂Buy a small position and wait for further observation