Morning layout of Bitcoin once again took a shallow dip, grabbing 911 points of space, truly a continuous climb that’s enjoyable! The current market is a typical “bulls don’t die, bears don’t stop” scenario, with Bitcoin initially weak and gradually declining to find a bottom, liquidity further drying up, showing an extremely weak triangle consolidation pattern, and Ethereum breaking down accelerating downward. This week, Lao Yang repeatedly provided early public signals for layout, accurately giving entry points, and the overall trend has mostly aligned with the predictions. So, don’t fight the market; the market has a thousand ways to shake you off. Our core is to stay steady and see through the trend. You only need to simplify your choices to do or not do.

Currently, from a daily chart perspective, after a previous continuous decline, the market is now in a very weak consolidation phase. Price action is fully constrained by short-term moving averages. Although there has been a recent rebound, it all shows a clear shrinking volume characteristic. This volume contraction on the rebound is not a sign of buying interest but more a passive rebound caused by short sellers closing positions. Therefore, the overall trend remains bearish, and the rebound can continue as long as the downward trend persists.

At noon, short Bitcoin at 62,700-63,200, target around 61,000
At noon, short Ethereum at 1,750-1,780, target around 1,650#比特币ETF单日净流出7272枚 $BTC