Reviewing the intraday market trend, Bitcoin has not experienced significant fluctuations, remaining sideways around 74,000, in a frustrating consolidation phase. It finally showed some movement in the early morning, following the main strategic layout from Old Yang's yesterday's analysis. Several bright red candles shot straight to the 73,340 level, with a volatility of over 600 points, and now it has rebounded to around 73,900 to stabilize. Ethereum is synchronized with Bitcoin, dropping to around 1,992 in the early morning, breaking below the key psychological level of 2,000, but the market did not continue downward, and it has rebounded to around 2,010 to stabilize.

Currently, on the four-hour chart, Bitcoin mainly fluctuates within the 73,000-74,500 range, with a pattern of alternating small red and green candles, consolidating at low levels, and the amplitude gradually narrowing. The Bollinger Bands are narrowing and flattening, with the price moving near the middle band. The strong resistance at 74,200 during the rebound indicates weak bullish momentum, with the bears still dominating. Therefore, the trading strategy remains to follow the rebound and then short according to the main trend.

Short Bitcoin at 74,200-74,700, targeting around 72,500.
Short Ethereum at 2,020-2,050, #WTI原油失守90美元 targeting around 1,900.