Black Friday—Bitcoin and Ethereum are moving back and forth, while ZEC breaks through prior resistance; in the short term, it’s definitely going to become the key!

Bitcoin’s order-book and chart action contains quite a few negative signals. Judging from fund flows, the macro environment, and technical formations together, the overall upward channel keeps getting blocked, and downside volume is gradually building up.

The technical channel trend is weakening step by step. The earlier upward structure has already started to loosen; resistance layers are stacking up one after another above. It’s difficult for the bulls to open up upside room again. At this stage, market sentiment looks calm on the surface, but in reality there are undercurrents inside. Once a key support level is lost, a concentrated wave of sell pressure will be released in turn. The market will most likely experience another round of pullback, but a higher move after a structural “fake retracement” can’t be ruled out!

Yesterday’s script was basically more of a “settling out.” Inside the range, long and short flips kept happening. On smaller timeframes, there’s more support around the 77000 area; below the 78100 area, it’s bearish—there’s room for shorts. For a range like this during the session, the right approach is: don’t get overly rigid—returning to the point I mentioned in advance, it’s unnecessary to hold a stubborn bias. Previously, the drop to the 76000 support after dipping toward 8w was something I kept emphasizing: in the short term, there is no such thing as a so-called one-way pattern. Overhead chips have been continuously supported heavily. A pullback and retracement that comes with a round of volume is completely normal. And the current situation is also characterized by certain key turning points.

During the day, big BTC retraced to test support around 77000 and quickly pulled back. Before the close, it bounced up again to around 78000, shook around, then slid back down—an indifferent, uneventful kind of fluctuation. The key is to enter at the turning point in the key range in time, and then retreat promptly.

The intraday script focuses on being short around the 78300 area. For a retracement, watch 77200-76500. If it breaks below the bottom support at 76000, then look at how intraday volume responds.

For Ethereum, be short in sync around the 2150 area. On the pullback, look at 2100-2075. Defend across the board—whether you do it or how you do it depends on your actual position size! #特朗普称美伊正敲定协议细节 $BTC