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The trend is entirely in Lao Yang's grasp; following the overall structure is the right approach.
In the early morning, the price briefly surged to around 67,255 before facing resistance, then retreated to around 66,000 to stabilize with fluctuations of over a thousand points.
Ethereum is moving in sync with Bitcoin, temporarily holding high at around 1,848 in the early morning, then facing bearish pressure again, pulling back to around 1,780.
Those who follow Lao Yang know that I clearly stated early on that these upward surges are false rises, not a reversal of the bulls.
The high points have also been reached, congratulations to those who followed and took big profits.
The four-hour Bollinger bands for Bitcoin are tightening, continuously compressing, indicating that volatility is gradually converging, and a directional trend will inevitably emerge.
The one-hour MACD has turned short-term, showing a slight pullback to gather strength.
Currently, there's no need to chase the high; wait for the pullback to support levels to stabilize before considering chasing.
For now, a short-term wave can be taken.
In the morning, short Bitcoin at 66,500-67,000, targeting around 65,000.
In the morning, short Ethereum at 1,800-1,830, #比特币反弹 targeting around 1,700.