The week has passed by quickly, and this week's layout strategy hit precisely. The overall market structure basically aligned with Old Yang's thinking, and the gains were quite impressive, with Bitcoin racking up 13,000+ points and Ethereum 500+ points. Bulls and bears rotate, cycles reign - stabilize your mindset and wait for the bloom. Looking back at this week's market, Bitcoin first fell from a high, then broke below and bottomed out, finally rebounding at the weekend. At the beginning of the week, it continued last week's weak pattern, oscillating narrowly in the 61500-62800 range. The momentum of the bullish rebound was extremely scarce, and each small upward push was accompanied by active selling pressure. As short sentiment continued to erupt, the price directly dropped to the key psychological level of 58115 midweek, completely breaking the short-term oscillation structure. After severe overselling, sentiment for bottom-fishing with funds began to warm up. The weekend market saw a repair rebound, and it has now stabilized above the 60000 level.

Looking at the current chart, on the daily level of Bitcoin, all short-term moving averages are turning downward, the price continues to be under pressure, and the medium-term trend is still in a downward repair channel without a complete reversal bullish signal. The Bollinger Bands are opening downward, with the middle band at 62500 forming a core watershed. There is heavy selling pressure from trapped positions above. As long as the price has not yet stood above the middle band, we should view any rebound as a technical repair after overselling. On the hourly level, small bullish candles appear in a row, but the bodies are small and upper shadows increase, showing that the bullish attack is still weak. Therefore, for the current market, it is still not recommended to bottom-fish and go long. Instead, wait for a rebound and mainly short on highs. Going with the trend is the best approach.#0成本拿2股SK海力士 $BTC ‌$ETH ‌