Since last night, Bitcoin and Ethereum have entered a volatile downward mode, with a clear acceleration of the downward trend, and the overall market performance is weak. Although there are signs of a rebound currently, it must be clear that a rebound is by no means a reversal signal, and the market is likely to continue testing the intraday low. From a technical chart perspective, there has been a rebound on the four-hour line, but the strength is obviously insufficient, failing to successfully break through the starting point of the decline, which has become a key resistance level for Bitcoin and Ethereum.

It is worth noting that the resistance level for Bitcoin is not only a support low point that has been touched multiple times during the previous downward process but also a horizontal area of the downward continuation pattern. Comprehensive analysis suggests that there may be a short-term upward movement in the market, but it is likely to continue the downward trend afterwards.

Short Bitcoin at 77500 and 79500, with a stop loss of 500, and target at 76000, 74500, and 73000.

Short Ethereum at 1550 and 1580, with a stop loss of 50 points. These two positions are key resistance levels, with targets at 1450, 1350, and 1200.

When trading, first protect the principal to ensure long-term participation, and set aside profits for now. Lao Yang understands everyone's hardships and sincerely aims to help everyone solve their problems. #美国加征关税 $BTC