This market sentiment is indeed a bit frustrating. After a slight pullback in the early morning, the price is now consolidating around 65,800, with Ethereum moving in sync with Bitcoin. Bitcoin's early morning setup at 66,032 hit the target at 65,506, successfully capturing a 526-point profit. Ethereum's volatility is too small, so there’s no solid setup. All market trends emerge from prolonged oscillations; only by enduring the fluctuations can one hold onto the trend. Follow Lao Yang to steadily get on board and avoid missing every opportunity during the waves.

From the current chart perspective, the daily candle closed with consecutive small doji candles, indicating significant bullish and bearish divergence. The highs are gradually declining, while the lows temporarily hold the support zone at 65,000. Overall, the pattern is a downward correction in consolidation, with no bullish volume breakout structure. The four-hour Bollinger Bands are tightening and flattening, with the price continuously trading below the middle band. The upper band at 66,300 forms a strong intraday resistance level. If the price can effectively break below 65,300, it may open the door to a new downward move.

In the afternoon, short positions are recommended at 65,800-66,300 for Bitcoin, with a target around 64,000.
In the afternoon, short positions are recommended at 1,800-1,830 #Gate现货交易量增幅全球第一 for Ethereum, with a target around 1,700.