Recently, market dynamics have been tumultuous. The UK and India reached a 'milestone' free trade agreement on Tuesday, accelerating negotiations that had been delayed for three years, highlighting London and New Delhi's desire to establish closer trade relations following last month's global tariffs imposed by US President Trump. Meanwhile, in the international economic landscape, another significant event has also drawn attention, as China prepares to hold talks with the US Treasury Secretary during a visit to Switzerland, making the direction of US-China tariff negotiations one of the focal points of the global economy.

At the same time, the cryptocurrency market is also experiencing its ups and downs. Bitcoin has realized a profit of 4000 space in the early morning and morning trading. An in-depth technical analysis shows that the daily line has closed positively again, with a long lower shadow, indicating that there is certain support strength below. Yesterday, due to significant benefits brought by trade differences, US stocks rebounded sharply; however, they still closed lower, reflecting the complexity of market bull and bear games. The Bollinger Bands are currently in a contracting state, indicating that market volatility is gradually narrowing and the forces of bulls and bears are tending to balance. The KDJ indicator has turned upwards, initially forming a golden cross, indicating that short-term bullish momentum in the market is accumulating. However, the MACD dual lines are tightly bound at high levels, and trading volume has significantly reduced, adding uncertainty to the market's rise. Currently, the daily line is still in a high-level consolidation state, under such circumstances, investors need to be cautious about chasing highs to avoid falling into the risk of market volatility.

More critically, the Federal Reserve will announce its recent interest rate decision early the next morning. Given that last Friday's non-farm data exceeded expectations, the probability of a rate cut is low, at most 25 basis points. In such a macro context, market expectations are relatively clear, and Brother Yong suggests investors focus on shorting on rebounds. Specifically, pay attention to resistance levels at 97500, 98000, 99500, and 100000 above, and support levels at 95000, 93300, 92700, 91600, and 90500 below.

5.7 Bitcoin Operation Ideas

- Aggressive Strategy: Enter short at current price 97200 - 97500, with defense point at above 99000, targets looking towards 96000 - 95500 - 95000, if breakout is successful, further look towards 94500 - 94000 - 93500 - 92700, if further breakout occurs, can continue to hold based on market conditions.

- Conservative Strategy: Enter short between 97800 - 98300, with defense set above 99000, and targets consistent with aggressive strategy, gradually looking lower based on breakout situation.

5.7 Ethereum Operation Ideas

- Aggressive Strategy: Enter short at around 1840, with defense point set near 1900, targets looking towards 1800 - 1780 - 1750, if breakout occurs, continue looking down towards 1730 - 1720 - 1700.

- Conservative Strategy: Enter short between 1850 - 1870, with defense and targets set the same as aggressive strategy.

Long Position Ideas

Considering the relatively strong performance of US stocks, the outflow of funds has limited the decline in cryptocurrency prices. When Bitcoin first retraces to 93500 - 94000 during the day, a long position can be initiated, with defense point set around 93000, targets looking towards 94500 - 95000 - 95000 - 96000, if breakout occurs, can continue to hold and further observe market trends.