Reviewing the overnight market sentiment, Bitcoin dropped from around 78,000 at a high to about 77,200, now rebounding to stabilize around 77,500. Tonight, Lao Yang also publicly shared his trading ideas in advance, with precise entry points. Those following Lao Yang’s strategy have already successfully captured over a hundred points of profit, right? Ethereum is synchronized with Bitcoin; after reaching a high of 2,150 overnight, it started to face resistance, now fluctuating around 2,130. Range-bound market conditions are not scary; declines are not scary either. What’s scary is not seeing the situation clearly and risking your capital on an uncertain future.

The daily chart has been declining for three consecutive weeks, currently below the midline, with alternating bullish and bearish signals, and a stalemate between buyers and sellers. On the four-hour chart, Bollinger Bands are opening downward, with the midline shifting from support to resistance. Price repeatedly tests the upper band and fails, clearly showing a bearish dominance. Currently, the range is between 77,000 and 78,200, with rebound highs gradually decreasing, frequent switching between small bullish and bearish candles, indicating the end of the consolidation phase. Ethereum is relatively weaker than Bitcoin, also entering the end of its consolidation phase.
At noon, short Bitcoin at 77,800-78,300, targeting around 76,500.
At noon, short Ethereum at 2,150-2,180, targeting around 2,050.