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Early morning Bitcoin consolidation did not show a significant trend, with Bitcoin and Ethereum both in consolidation phases. The bulls and bears are fiercely battling, trading back and forth. During such times, patience is key; wait for the right entry point before going in. Bitcoin is consolidating between 63,000 and 64,000, while Ethereum is fluctuating between 1,750 and 1,790.
From the current market situation, it’s clear that the rebound momentum is insufficient, and the bearish dominance remains unchanged. Don’t constantly think about bottom-fishing for longs; follow the market trend and act accordingly. The trading strategy should mainly focus on rebound thinking. For Bitcoin, wait until it breaks above 64,000 and stabilizes before considering a short, with a target around 62,000. For Ethereum, consider shorting at 1,780 with a target near 1,650. #分享美股交易赢英伟达股票 $BTC