Reviewing the early morning market sentiment, Bitcoin briefly rebounded to around 67,800, then the bears quickly launched a counterattack, once again falling below the previous low to around 66,166 support. Ethereum moved in sync with Bitcoin, with a stronger decline, falling steadily to around 1,850. Those who follow Lao Yang should know, right? Did he get this trend accurately? He provided precise entry points in advance, clearly indicating the target support levels. Why not get on board and steadily take profits?

Currently, the overall market is in a mid-term weakness, with short-term oscillation and correction pattern. The daily chart shows that the relative price broke below all short-term moving averages, which are layered with resistance from top to bottom. The Bollinger Bands are opening downward, with the price running above the lower band. The middle band has served as the ceiling for this rebound; without breaking the 68,000 midline, the bulls have no chance to turn the tide. On the four-hour chart, the Bollinger Bands are narrowing and flattening, indicating market compression and consolidation, with the upper and lower bands locking the short-term trading range.

This morning, shorting Bitcoin at 67,000-67,500, targeting around 65,500.
This morning, shorting Ethereum at 1,870-1,900, #英伟达大涨6%创历史新高 targeting around 1,750.