The evening market really keeps people on their toes. Bitcoin surged from around 90599 but was pushed back down, dropping all the way to 87205 before stopping. The rebound and recovery still show some weakness. Ethereum follows a familiar pattern: it encounters resistance at 3026 and then moves downward, with the lowest point reaching 2864 before stabilizing.

Looking at Yang Jie’s insights in the evening makes it clear that the market is unfolding as expected. Bitcoin short positions were entered at 89427 and exited at 88086, capturing over 1400 points in profit; Ethereum shorts were entered at 2970 and exited at 2906, yielding over 60 points. This is the advantage of preemptive positioning.

From the four-hour chart, after the rebound, the bears are once again exerting pressure at the lower Bollinger Band. Although the price has bounced back below the middle band, the three bands are still opening downward, and the MACD death cross continues to extend downward. This situation indicates that the bulls will have a tough time turning the tide, and the bears currently hold the advantage. Switching to the one-hour chart, after a large bearish candle, there are three consecutive bullish candles, with the price approaching the upper Bollinger Band. The problem is that the upper band has become a barrier for the bulls, having blocked previous attempts. Without a valid breakout, it’s difficult for the price to continue upward.

Therefore, the strategy remains unchanged overnight: sell on rebounds. Continue to build short positions in Bitcoin in the 90500 to 91000 range, targeting 88500; for Ethereum, short in the 3070 to 3100 range, with a target of 2950.