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Once again, the precise prediction hit the mark. Many friends who went long are probably already trapped, right? Old Yang's midnight tip was to keep watching Kong, and those who followed have already eaten some serious gains. Looking back at the evening market, Bitcoin surged to around 78,000, then sharply declined, reaching a low near 75,600. Ethereum moved in sync with Bitcoin, peaking at around 2,139 in the evening before falling to about 2,054, with a fluctuation range of 85 points.
Currently, the market is in a weak oscillation. The daily chart still favors the bears, with Bitcoin closing lower for two consecutive days. Yesterday's long upper shadow formed a double top pattern, indicating serious selling pressure at high levels. On the four-hour chart, the price repeatedly faced resistance in the 77,500-78,000 range, forming a sideways downward channel, with lows gradually shifting lower. Focus on Bitcoin around 75,800; a break below would signal a complete trend reversal to bearish.
This morning, Bitcoin can be shorted in the 76,200-76,700 range, targeting around 74,500.
This morning, Ethereum can be shorted in the 2,090-2,120 range, targeting #美军打击伊朗 around 2,000.