The intraday market is indeed grinding, with Bitcoin oscillating narrowly within the 61600-63200 range. Old Yang publicly released his short-biased strategy early yesterday morning, and the predicted levels were very accurate, with the highest point around 63000. Those who followed Old Yang's approach should have captured decent gains.

Looking at the current chart, Bitcoin's daily chart shows small real bodies alternating between bullish and bearish candles, with the lows gradually rising. However, each attempt to break above the overhead resistance results in a long upper wick, indicating concentrated selling pressure from trapped positions above. The daily chart has not shown a bullish candle with volume breakout above resistance, and the market remains in a battle of existing capital. On the 4-hour level, the Bollinger Bands slightly widened earlier and are now contracting, with price clinging to the middle band. The MACD dual lines are above the waterline, and the red histogram bars have been gradually shrinking for multiple consecutive bars, indicating that the upward momentum of the wave is continuously weakening. Current market liquidity is too poor, with extremely low trading volume. The recommended strategy remains to sell on rallies.

Bitcoin can be shorted in the 63200-63700 range, targeting around 61500.
Ethereum can be shorted in the 1770-1800 range, targeting around 1650.#特朗普宣布美伊停火结束 $BTC ‌$ETH ‌