Today's real market trend analysis by Chen Ye

Although the recent recovery in bullish sentiment has pushed the price from the 61300 level to around 64700, the current market has shown clear signs of high-level stagnation. From yesterday's high of 63999 to this morning's rally to 64700, although bullish momentum continues, the upward drive is clearly weakening, and the 65000 level above poses significant resistance.
More critically, the Coinbase premium index for Bitcoin has been in negative territory for 50 consecutive days, setting a historic record. This indicator is typically accompanied by outflows of U.S. institutional funds, strongly suggesting that the short-term market faces considerable correction pressure. Combined with the weak intraday rebound, to push higher in the future, it must first retrace downward to confirm support.
Trading Strategy
Currently, the mid-Bollinger band at 61800 can be viewed as a near-term support level. However, before testing this level, it is recommended to mainly take short positions on rebounds.
BTC: A rebound to around 63500 can be considered for a short position, targeting 62000.
ETH: A rebound to around 1790 can be considered for a short position, targeting 1730.
#Strategy上周减持3588枚BTC