Reviewing this week's market sentiment, Bitcoin surged to around 82,400 at the beginning of the week, facing resistance, and then, due to inflation and interest rate hike expectations, it continuously declined to around 77,600, with overall high-level volatility weakening. Ethereum also faced pressure, reaching a high near 2,380 at the start of the week, then gradually falling back to around 2,160 by the weekend, with the range shifting downward, showing clear weakness. This week, Old Yang's overall performance was a great success, with Bitcoin gaining 16,450 points of space, and Ethereum 397 points. The only regret was the misstep on Wednesday, sweeping 380 points of space. You can believe in the trend, but never believe you won't make mistakes. The most valuable thing in the crypto world is never the position size, but the mindset. Getting rich quickly is luck; staying alive steadily is skill!

Currently, the overall market is in a weak downward trend. On the daily chart, Bitcoin's Bollinger Bands are opening downward, with the price running along the lower band, indicating a clear weak channel, dominated by bears, with rebounds only as corrections, not reversals. Ethereum is also in a breakdown downward trend, weaker than Bitcoin, with the bearish trend continuing. Next week, focus on Bitcoin's main support zones at 77,000-80,000; if it can stabilize, a rebound to 80,000-82,000 is expected.
For Bitcoin, short positions are recommended in the 79,000-80,000 range, with a target near 76,000.
Ethereum's trend is weaker, with a range of 2,220-2,250 for shorting, targeting around 2,050. #比特币V型反转 $BTC