This week’s price action is dominated by a big one-sided move. Since yesterday, it has entered a wide-range consolidation phase. The probability of breaking below the short-term new lows is not high. The market is mainly characterized by wide-range oscillation. During the day, watch the pressure level around 64,000 and the support level around 61,000. Everyone, please try not to chase from both ends—mark key levels and trade off them!

For execution, use an approximate 1,750-point move up and down within the box oscillation as one range. For example: if price drops from 63,500 to 61,500–61,000, and then rises from 61,000–61,500 to 63,000—repeat this rhythm going forward. Based on the box oscillation range, the target space can be expected to extend beyond 1,000 points.

Personally, my main idea is still mainly bearish—the overall bearish rhythm hasn’t changed!

BTC is still very weak—follow the trend! Also, there is U.S. non-farm data tonight. Right now, the focus is whether it can change inflation expectations and the Federal Reserve’s expectations. If larger volatility occurs, be sure to manage and guard against risks. $BTC $ETH #分享美股交易赢英伟达股票