$BTC Yesterday midnight, Bitcoin continued its strong downward trend, with prices slightly rebounding to a high of 115661 before coming under pressure and quickly falling back, hitting a low of 112680 before rebounding; Ethereum's movement was consistent with Bitcoin, starting its decline from around 3630, and dropping to a low of 3431 before stopping.

Yang Jie’s bearish outlook given at midnight was once again validated by the market, with synchronized positions in Bitcoin and Ethereum shorts performing well:

- Bitcoin shorts entered at 115338 and exited at 113011, capturing 2340 points;

- Ethereum shorts entered at 3631 and exited at 3466, securing 165 points.

The daily chart for Bitcoin shows that the market has closed in the red for five consecutive trading days, with the body of the recent two days' bearish candles continuing to expand, indicating a strengthening of bearish momentum. Although there was a slight rebound over the weekend, attempting to recover some lost ground, the trading volume during the rebound noticeably shrank, with insufficient buying support. Considering the typically light trading during weekends, it is expected that the market will consolidate in a manner of "time for space"—most likely through narrow sideways fluctuations to prolong the consolidation period and digest the oversold pressure caused by the rapid decline, followed by a new correction starting next week. Therefore, weekend rebounds can be used as an opportunity to establish short positions.

Saturday afternoon operation suggestions:

- Bitcoin: Establish short positions in the range of 114000-114500, target 112000;

- Ethereum: Establish short positions in the range of 3530-3560, target 3450.#美国加征关税 #加密市场回调 #美国初请失业金人数 #美SEC启动ProjectCrypto计划 #美联储利率决议