BTC’s intraday volatility is again within 1,000 points, which makes it a rather lackluster market. From a technical standpoint, the hourly chart is tightly pinned down by the Bollinger Bands’ middle band, to the point that our plan to place a short at 76,500–77,000 has been held up and has yet to be carried out.

On the news front, although Bao Shu has stepped down, he still retains a director seat, which gives it a “behind-the-scenes emperor” vibe. In addition, the earnings reports from the four major U.S. stock giants are mixed—some good and some bad in equal measure—so next we’ll quietly wait for the U.S. stocks’ guidance-driven pull to stop.