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If you didn't catch this wave, Lao Yang really has nothing to say. Yesterday during the day, I preemptively arranged positions, precisely providing entry points, and the overall trend completely matched the prediction. Bitcoin dropped from around 78,400 in the morning all the way down to about 76,600, a full 1,800 points. Ethereum synchronized with Bitcoin, falling from around 2,200 to about 2,085 in the morning, also over a hundred points. This morning, a fellow trader followed Lao Yang's lead and successfully gained 700 points. Market volatility will fluctuate, and so will life. Treat every wave as an opportunity to cultivate your inner strength. If you can stay calm, you've already won against most people.
Currently, Pan Kou maintains Bitcoin's dominant oscillation, with Ethereum weakly following the decline. From the four-hour timeframe, the relative strength continues to be under pressure, with bearish momentum still dominant, and no strong rebound in sight. The Bollinger Bands are opening downward, with the price running along the lower band, clearly in a weak trend channel. Ethereum's price is consolidating at low levels, with a lack of rebound strength, and bearish momentum continues to be released. Trading should still follow the strategy Lao Yang provided earlier in the morning.
At noon, short Bitcoin around 77,000-77,500, targeting about 76,000.
At noon, short Ethereum around 2,130-2,170, targeting about 2,000.