Friday Afternoon Jingyi's Thought Tonight Fed's Waller Takes Office, Setting the Direction

BTC has been consolidating with decreasing volume for several days, waiting for the market to choose a direction as Waller takes office as Fed Chair tonight. On the macro level, ongoing geopolitical conflicts continue to disturb short-term volatility; under Waller's hawkish stance, market expectations for a rate cut in June have dropped to 0, with the probability of a rate hike rising to 3.2%, and the full-year easing expectations have significantly declined.
From a technical perspective, Bitcoin is in a downtrend, with a dark cloud cover pattern appearing on the 4-hour chart. The strong resistance is at 782-785, and a breakout is needed for a rebound toward 796; short-term support is at 772, and a break below could target 760, with a breakdown opening the downward channel.
Trading Suggestions
Bitcoin should be shorted around the 778-785 range, targeting 765, with a break below targeting 752.
Ethereum should be shorted around the 2135-2160 range, targeting 2100, with a continued decline toward 2050-1970.