Reviewing the day's market conditions, the overall movement of Bitcoin has been extremely orderly, following a typical narrow-range washout pattern. It hit a low of 58,900 during the day, found strong support, and rebounded. The current price is fluctuating around 59,700. Ethereum's trend is linked to Bitcoin, oscillating repeatedly within the 1,547-1,597 range throughout the day, with a 50-point fluctuation amplitude. In the evening, Old Yang publicly shared a bearish strategy in advance, and the result of waiting patiently basically matched expectations. The entry points were also very precise. For those who followed my approach, how do you feel? The two Bitcoin orders placed in the evening session captured a total of 1,397 points in price movement, netting nearly 3W oil! All these steady gains are the rewards of patience and discipline.



From the current chart, Bitcoin's daily chart shows consecutive doji candles, with small real bodies alternating, and the highs and lows slightly converging. This indicates a relatively balanced battle between bulls and bears, but the lack of consecutive bullish green candles for a counterattack suggests that current bullish support remains weak. The Bollinger Bands have slightly tightened and are continuously compressing the fluctuation range, with the price stuck in the lower-middle band range. The larger timeframe still shows bearish consolidation. Although the decline is slowing down, the bulls still lack the ability to reverse.

For midnight, Bitcoin can be shorted in the 60,000-60,500 range, targeting 58,500.
For midnight, Ethereum can be shorted in the 1,580-1,610 range, targeting around 1,500. #美国年度净资本流入创8840亿新高 $BTC $ETH
BTC-0.97%
ETH0.67%
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