This wave of market sentiment feels very comfortable; just after finishing the layout strategy in the morning, the market arrived as expected. Bitcoin rebounded to around 74,092 in the morning and faced resistance, then fell back to around 73,222 for support. Old Yang accurately grasped the market rhythm and took advantage of the trend, successfully capturing 722 points of space. Now it has rebounded to around 74,000 and stabilized, this storyline is all too familiar. The constant tug-of-war up and down is the most exhausting, but true market trends often emerge after a long period of sideways movement. Focus on self-accumulation and quietly wait for the right moment to seize the next opportunity.


From the current market situation, Bitcoin's long-term trend remains under pressure, oscillating weakly, stabilizing at low levels with a rebound. The daily chart shows consecutive declines, with moving averages still in a bearish arrangement; the bulls are weak and unchanged, making it difficult to break through the strong resistance at 75,000 in the short term. The four-hour chart shows low-level sideways trading, with multiple dips to 73,000 without breaking, indicating strong bottom support. The Bollinger Bands are narrowing and flattening, with the price moving near the middle band; short-term rebound momentum is being released, but the overall downtrend remains unchanged.
Bitcoin can be shorted between 74,000 and 74,500, targeting around 72,500.
Ethereum short at 2030-2060, #Gate真实股票交易正式推出 targeting around 1900.
BTC-2.25%
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