The sky has fallen, the market volatility is unimaginable, with fluctuations of three to five thousand points, making it truly difficult for people to manage accurately. Fortunately, we shorted at a high position yesterday, and after some adjustments, there is still room for profit. In the short term, Bitcoin's market is caught in a high-level consolidation phase, and there have been no breakthrough signs to date. Today, we will continue with the market sentiment of being bearish at high levels.

From a technical perspective, Bitcoin's price trend shows obvious consolidation characteristics. Recently, its price has been fluctuating within a relatively narrow range, repeatedly hitting the upper resistance level without success. The lower support level is temporarily stable but has not prompted the price to break upward. This consolidation state is reflected in various technical indicators, such as moving averages intertwining, and the MACD histogram hovering near the zero line, indicating that the market's bullish and bearish forces are in a stalemate, lacking clear directional guidance. Bitcoin continues to maintain a bearish trend at high levels. Without significant positive news to stimulate it, the difficulty of breaking upwards is considerable.

Bitcoin is shorting around 97000-97500 today, looking at 94000.

Ethereum is shorting around 2650-2660 today, looking at 2450$BTC $ETH $XRP #非农就业数据来袭 #你看好哪一个山寨币ETF将通过？ .