Don't just focus on the fluctuations of the candlestick charts; you need to see the evolution of your own mindset. True strong individuals cultivate patience during sharp declines and maintain clarity during significant rises. In the afternoon, Bitcoin continues to show a fluctuating market without any major movement. Currently, the price is oscillating around 105,000 to 104,500. If Bitcoin breaks through the high of 105,550 this evening, it will trigger a wave of bullish momentum. Conversely, if the price falls below 104,000, it will continue to decline. Those who are observing can wait for Bitcoin to break through before making any moves, as it is currently in a sideways correction, with the price around 104,850.

From the current market perspective, it is still in a state of tug-of-war between bulls and bears, with neither side showing significant volume, oscillating around the 104,500 to 105,000 range. This evening, we will pay close attention to how the U.S. stock market opening influences the price of cryptocurrencies. From a technical standpoint, the BOLL channel is converging and leaning towards a downward trend, with prices under pressure below the middle line; the MACD histogram shows weak growth, indicating limited bullish momentum; the KDJ lines are crossing downwards, suggesting short-term bearish decay; the multi-cycle RSI values are not high and the 6-cycle is turning down, indicating insufficient buying pressure. Overall, the bears are in control, and there is a high probability of further downward fluctuations or low-level consolidation, so caution is needed for potential breakdowns. #鲍威尔发言 $BTC

Bitcoin strategy: Short around 105,000, target 103,800.

Ethereum strategy: Short around 2,540, target 2,480.