The entire market remains weak and volatile, dominated by the bears. Early in the morning, Bitcoin fluctuated within the 79,000-80,000 range, still not breaking the 80,000 barrier, now retreating to around 79,800. Ethereum is moving in sync with Bitcoin, rebounding from support near 2,230 to face resistance around 2,270, currently testing the resistance level repeatedly. The bullish setup provided this morning aligns perfectly with the trend, and the market has delivered over 600 points of profit as expected. Desire is the accelerator, risk control is the brake. Only pressing the accelerator without applying the brake will eventually lead to a crash. Following Lao Yang’s strategy has also ensured steady gains!

From the four-hour chart, the Bollinger Bands are opening downward, with the price staying close to the lower band, indicating that bearish momentum is easing but not reversing, and the overall pattern remains unchanged. On the daily chart, strong resistance forms around 79,800; it’s difficult to turn bullish until this level is firmly broken. For trading, it’s recommended to follow the midday strategy.
In the afternoon, short Bitcoin at 80,000-85,000, target around 79,000.
In the afternoon, short Ethereum at 2,290-2,320, target around 2,180.