This week's market shows a distinct 'initial decline followed by a rise' characteristic. At the beginning of the week, prices started to decline stepwise from around 117600, breaking not only the critical level of 112000 and the previous support level of 118220, but also dipping to a low point of 111620; after stabilizing at the bottom, the market welcomed a phase of warming. However, on Thursday evening, impacted by initial jobless claims data, it fell back to around 112000 for consolidation. The turning point occurred on Friday evening when Federal Reserve Chairman Powell released dovish signals, directly pushing prices to rebound significantly, peaking at around 117400, with a one-sided increase exceeding 5500 points. During the same period, Ethereum performed strongly, breaking new highs at 4888. Over the weekend, the market entered a stable oscillation phase, mainly operating around 115000.

In terms of strategy layout, this week Yang Jie positioned 11 trades for Bitcoin, achieving a total profit space of 18800 points; for Ethereum, he positioned 13 trades, realizing a total gain of 1542 points.

From the 4-hour chart of Bitcoin, the trend structure is clear: after the previous bullish market ended, the market immediately transitioned into a weak phase, with rebound momentum continuously diminishing and prices oscillating in a low range without showing effective upward breakout signs. If this weak pattern continues, and prices are unable to form an effective rebound, the subsequent downside risk will gradually accumulate, and the probability of further declines will continue to rise.

For the current weak oscillating market, the main operational strategy suggests 'shorting on rebounds'—when prices show signs of rebound, one can choose to position short trades. Specific operational suggestions for midnight are as follows: #ETH创历史新高 #杰克逊霍尔会议 #BNB创新高 #以太坊生态山寨币普涨 #美国初请失业金人数