From early morning until now, Bitcoin has been fluctuating and consolidating in the 62,200-63,300 range. After Ethereum dropped to around 1,670, it began to recover and is currently stabilizing near 1,700. The overall market trend is largely in line with expectations; last midnight, Old Yang publicly suggested focusing on rebounds, providing very precise entry points. After reaching a high of 63,300, it faced resistance and pulled back, perfectly timed. The rhythm was well grasped, and those who followed probably gained over a thousand points, right?

Looking at the current market, Bitcoin's daily chart recently shows a clear "decline—rebound—further decline" oscillating downward structure. After breaking below the wedge-shaped lower band early morning, it accelerated downward to around 62,200. However, after three consecutive daily bearish candles, a large amount of bearish liquidity was consumed, indicating a short-term technical rebound is needed. The Bollinger Bands are expanding downward, with the price closely hugging the lower band, indicating the downward channel remains valid. The four-hour Bollinger lower band is showing signs of flattening, and the MACD green bars are beginning to shorten and turn upward, confirming a rebound after being oversold. But until the main trend reverses, this kind of rebound is more suitable for strategic positioning rather than bottom-fishing. Therefore, the overall trend remains focused on probing for lows.

Bitcoin can be shorted around 63,000-63,500, with a target near 61,000.
Ethereum can be shorted around #沃什首秀美联储利率不变 1,720-1,750, with a target near 1,600.