On Monday, the oscillation range is relatively weak—up first, then more!

The news from Yimei Yi and the three parties continues to disrupt the market. After two days of talks, things are basically the same, and the market has made only a small rebound—its impact is getting smaller and smaller, which shows the market is still quite afraid of hawkish remarks!

For the crypto space, on-chain sentiment and activity are crucial. At this point, if it’s not showing a hot performance where large institutions step in with big funds every day to backstop it, then it still remains in a weak adjustment cycle.

Today’s morning rally pushed to a high point, but it didn’t continue into the afternoon. In the short term, you need to focus on the pressure test at the 648 level. If it doesn’t break through here, it won’t be able to produce a major rebound, and it will likely return to the 623 area. For now, the market’s performance does not indicate a major directional breakout!

For execution, still follow the market’s oscillation principle: sell at highs and buy on support!

For BTC, the 645-649 range is the area where you expect weakness—watch 636-628. If support holds, then reverse to go long.
For ETH, there are no obvious signs of a rebound in the short term—continue to follow BTC. Range: 1785-1675!

That’s all for now. Wishing everyone all the best—happy trading! #我的Gate交易时刻 #沃什首秀美联储利率不变 #沃什首秀美联储利率不变 $BTC $ETH $SOL