#美联储回购协议计划 These days, the market has entered a consolidation phase, with popularity clearly cooling down. Neither Bitcoin nor Ethereum has provided a clear direction. Bitcoin is still fluctuating within the narrow range of 87,000 to 88,000, and Ethereum is no exception, stuck tightly between 2900 and 3000. The most testing aspect of consolidation is mental resilience—don't be fooled by short-term fluctuations.

From the market chart, alternating yin and yang candles appear, and on the four-hour chart, prices have been running close to the middle band of the Bollinger Bands, with no breakout signals yet. What's more disheartening is that trading volume continues to shrink, market participation is insufficient, and it’s unlikely to see a strong upward or downward trend in the short term. Most likely, it will continue to grind sideways and shake.

Although on smaller timeframes there have been attempts to dip lower, even entering a downtrend channel at times, there has been no effective breakdown of the support within that narrow range. Moreover, the intraday volatility has become extremely exaggerated. Such breakouts are mostly just a reorganization under weak consolidation, and it’s easy to fall into traps of false breakouts.

The strategy for Bitcoin is to gradually short around the 88,000 level, with stop-losses placed near 86,000 to 87,000. For Ethereum, watch for retracement opportunities around 2980 to 3000. If it effectively breaks below, focus on the target zone of 2800 to 2850.