In the afternoon, the overall trend of Bitcoin and Ethereum clearly weakens, with the sideways consolidation gradually transitioning into a oscillating downward trend. Although there are sporadic rebounds during this period, the strength is weak, and the rebound highs continue to decline, with the bears gradually taking control of the rhythm. Regarding strategies, since the white paper, the approach has been centered around shorting at high levels. As the market gradually falls back, most of the short-term opportunities have been realized, and those participating have already gained relatively ideal gains. The market repeatedly tests and approaches the lower boundary of the range, and currently, it is further accelerating downward, with sentiment clearly cooling off, showing a continuous decline in price.

From a structural perspective, the market has now moved near the support at the lower end of the previous oscillation range. Whether this level holds or not will directly determine the next phase of the trend. If the support at the lower boundary is effective, the short-term movement is likely to oscillate around this area, forming a weak recovery. However, if it breaks below and continues, the downward space will open further, and the market will continue to seek new support levels downward. In terms of operation, maintain a clear mindset: until a strong recovery occurs, mainly follow the trend to short, as the weak rebound provides an opportunity to participate in short positions. Also, closely monitor the support at the lower boundary; if a volume-driven breakdown occurs, follow the trend and short accordingly. #美股创下历史新高 $BTC