In the afternoon, Bitcoin broke through the 61,000 mark again, but failed to effectively break above the previous high. It touched 61,102 and then fell under pressure, now hovering around 60,200. Ethereum is moving in sync with Bitcoin.


In the morning, Lao Yang publicly shared his layout ideas, and the market situation is continuously verifying. He is holding a short position at 60,865 in his actual account. Friends with short positions, hold patiently and wait for the flowers to bloom!
Looking at the current market, Bitcoin is showing a clear downtrend on the daily timeframe. Bears still dominate the market, and every counterattack from bulls appears weak.
On the 4-hour level, although the MACD shows a slight bearish divergence, it is still suppressed by the zero line. It can only trigger a technical correction and cannot reverse the overall downtrend. The bearish momentum has not yet exhausted.
In the afternoon, short Bitcoin in the 60,300-60,800 range, target around 59,000.
In the afternoon, short Ethereum in the 1,620-1,650 range, target around 1,550.#Circle股价重挫17% $BTC $ETH
BTC0.89%
ETH1.18%
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