Dear friends, happy weekend!


1. Market Review
After experiencing a unilateral decline yesterday, the market entered a narrow range of oscillation at low levels. Bitcoin touched a low of 78,610 in the early hours and rebounded slightly, rising to 79,530 but with limited momentum. Currently hovering around 79,100, bulls and bears are repeatedly fighting at the 79,000 level; Ethereum moves in sync, with a low of 2,203 before a slight rebound, now consolidating around 2,228. Overall, the rebound strength is extremely weak, representing a weak correction after a sharp decline, with very low volatility over the weekend.

2. Zhi Lan Real Trading Layout
In the face of such an extreme unilateral plunge, the flexibility and execution of the real trading layout are particularly important. Last night and early morning, the last bit of bullish momentum was seized, but after the market broke below 80k, the real trading layout decisively reversed to short, gaining a total of 3,775 points in space for Bitcoin throughout the day, and Ethereum also gained 160 points in total for the day.

3. Current Market Analysis
The current market is in a technical correction phase after a sharp decline, with low volatility over the weekend, and bears still dominate. Bitcoin’s hourly Bollinger Bands are opening downward, with the K-line oscillating near the lower band, and the rebound has never been able to break above the middle band, indicating that bulls have no strength to fight back; on the 4-hour chart, breaking below the lower Bollinger Band, the rebound is clearly suppressed by the middle band. The 80,000 resistance level above is heavy, and the 78,500-78,000 zone below is the next target support. Ethereum faces heavy selling pressure in the 2,260-2,280 range above, with the 2,200 level support precarious; a break below will lead to further decline.

4. Trading Suggestions
Continue to mainly short on rebounds with resistance, using light positions to catch rebounds as support. Weekend volatility is low, so be cautious, set stop-losses properly, and trade quickly in and out.
BTC: Short in the 79,300-79,500 rebound zone, with targets at 78,500 below and 77,800 if broken.
ETH: Short in the 2,235-2,245 rebound zone, with targets at 2,200 below and 2,175 if broken.
BTC-1.49%
ETH-3.05%
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